Dont know what is wrong with my answers. Leased Asset is also incorrect for the first journal entry debit account. 5,180 is also incorrect for amortization of right-of-use asset. Accumulated Depreciation-Leased Machinery is also incorrect for the amortization credit accounts.

Date Account Titles and Explanation Debit Credit 12/31/16 Leased Equipment 15540 Lease Liability 15540 12/31/17 | Lease Liability 4509.62 Interest Expense 1243.20 Cash 5752.82 (To record interest expense) 12/31/17 Amortization Expense 3180 Accumulated Depreciation-Leased Equipment 3180 (To record amortization of the right-of-use asset) 12/31/18 Lease Liability 5158.03 Interest Expense 882.43 Cash 6040.46 (To record interest expense) 12/31/18 Amortization Expense 3180 Accumulated Depreciation-Leased Equipment 3180 (To record amortization of the right-of-use asset)