Accounting amortization table help?

Sarah

Tony's favorite memories of his childhood were the times he spent with his dad at camp. Tony was daydreaming of those days a bit as he and Suzie jogged along a nature trail and came across a wonderful piece of property for sale. He turned to Suzie and said, "I've always wanted to start a camp where families could get away and spend some quality time together. If we just had the money, I know this would be the perfect place." They called several banks and on January 1, 2014, Great Adventures obtained $490,000, 6%, 8-year installment loan from Summit Bank. Monthly payments of $6,439 are required at the end of each month over the life of the 8-year loan. Each monthly payment of $6,439 includes both interest expense and principal payments (i.e., reduction of the loan amount.)

Late that night Tony exclaimed, "$490,000 for our new camp, this has to be the best news ever." Suzie snuggled close and said, "There's something else I need to tell you, Tony, I'm expecting!" They decided right then, if it was a boy, they would name him Venture.




Required:
1.
Complete the first three rows of an amortization table. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)

Cash Paid Interest Expense Decrease in Carrying Value Carrying Value
1/1
1/28
2/28

Answer
. . . . . . . . . . . . . .1. . . . . . . 2. . . . . . . . . . 3. . . . . . . . . . . . . . .4
. . . . . . . . . . .Cash Pd. . Int. Exp. . Dec.in Carrying Val.. . . Carrying Val.
Beg. Bal.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .490,000
1st month . . . . 6,439 . . . 2,450. . . . . . . 3,989. . . . . . . . . . . 486,011
2nd month. . . . 6,439. . . .2,430 . . . . . . .4,009. . . . . . . . . . . 482,002
3rd month .. . . .6,439. . . .2,410 . . . . . . .4,029 . . . . . . . . . . .477,993

Calculations
Cash Pd. = Given
Int. Exp. = (Previous column 4) x 1/2%
Dec.in Carrying Val. = (Column 1) minus column 2
Carrying Val. = (Previous column 4) minus column 3

what do i bring camping in denali?

jacqueline

next week i'm going camping for about 6 days in Denali national park. what do i bring? we'll be on camp grounds close to the entrance, so i won't be totally roughing it, but what kind of clothes should i bring and what are some miscellaneous items i might not think about? anyone know what weather i should expect or be prepared for? thanks!
forecast for the next week is rainy ):

Answer
Daily Life
Shade Canopy / Rope & Clips ; Sleeping Bags
Air Mattress ; Chairs; Table; Tarps
Pillows; Air Pump; Blue Mat; lights & adapter; Wind curtain

Food
Sides - Potatoes, boxed potatoes, Smoresâ Makings
Snacks - pudding, fruit snacks; Meat for meals -6 meals; breakfast foods; Soda /Juice; Ice; condiments - ketchup; Milk, butter; Eggs; Bread; Hot Dog/Hamburger buns;
Coolers

Cooking
Flipper for potatoes ; Gas for range; Range; Charcoal Lighter Brush, grill brush, tongs Skewers; BBQ Sauce Matches; Bacon tongs ; Frying Pan; Can Opener; Pot Holders; Tablecloth

Night Life
Lantern Holders; Mantles ; Lanterns; Gas for lanterns; Drinking / Cooking Water ; Firewood; Flash Lights;
Kindling - Newspapers &/or; Old Phonebooks

Individual Bags
Clothes for each day - Hat, jacket, swim suit; long sleeve shirt, socks ; Underwear; Shoes - flip flops, water, tennis & beach towel; PJs

In Personal Care Bag
Shampoo, Soap & Hand Sanitizer; Washcloth & Dish Towel, Toothbrush, Toothpaste; Hair Brush, Medicines - antacid, Tylenol, Sunscreen deodorant


Other
TV/Radio; Camera w/film ; Toilet Paper in plastic baggie
Map ; Weed Eater with gas!
Money; Extra Batteries; Spare flashlight Bulbs;
Shovel ; Ziploc bags; Aluminum foil

Cleaning
Baby Wipes ; Dish Detergent; Scrub brush; trash bag
Dish Rack; Dish Towel; Big Pot ; Small Broom & Dustpan;


Dishes
Cups; Plates; Plastic Wear; Bowls; tupperware
Paper towels / napkins;

Fishing equipment
poles, tacklebox, worms, fish net, minnow bucket, license to fish

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