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Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2021, Edison purchased the equipment from international Machines at a cost of $112,080.

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Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2021, Edison purchased the equipment from international Machines at a cost of \$112,080. (EY of S1, PV of S1. FVA of \$1. PYA of S1, FVAD of \$1 and PVAD of -5i) (Use appropriate factor(s) from the tables provided:) Required: Prepare a lease amortization schedule and appropriate entries for Edison Leasing from the beginning of the lease through January 1. 2022. Edison's fiscal year ends December 31 . Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule for Edison Leasing from the beginning of the lease through January 1, 2022. Edison's fiscal year ends December 31. (Round your intermediate and final answers to the nearest whole dollar. Enter all amounts as positive values.) Complete this question by entering your answers in the tabs below. Prepare a lease amortization schedule for Edison Leasing from the beginning of the lease through January 1, 2022. Edison's fiscal year ends December 31. (Round your intermediate and final answers to the nearest whole dollar, Enter all amounts as positive values.) Prepare the appropriate entries for Edison Leasing from the beginning of the lease throvgh January 1. 2022. Edison's fiscal year ends December 31. (If no entry is recuined for a transactian/event, selest "No journal entry required" in the first accounk fieid thiter rour answers in whole dollars and not in millions. Round your intermediate and final answers to the nearest whole dollar.) hote- Enter debits before credrts Prepare the appropriate entries for Edison Leasing from the beginning of the lease through landary 1, 2022. Edison's fiscal year ends December 31. (1f no entry is required for a transaction/event, select "No joumal entry required" in the first acoount fiele. Eriter your answers in whole dollars and not in millions. Hound your intermediate and final answers to the nearest whole dallaef Prepare the appropriate entries for Edison Leasing from the beginning of the lease through January 1, 2022. Ediscn's fivcal year ends December 31. (ir no entry is required for a transactionfevent, select "No fournat entry required" in the frint account fieldi, Enter your answers in whole dollars and not in millions. Pound your intermediate and final answers to the nearest whole dellac) Note: Enter debits before credits. Prepare the appropriate entres for Edison Leasing from the beginning of the lease through January 1, 2022. Edson's fiscal year ends December 31. (If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Enter your answers in whole dollars and not in millions. Round your intermediate and final onswers to the nearest whole dollar. ) Shew less a Prepare the appropriate entries for Edison Leasing from the beginning of the lease through January 1, 2022. Edicons fiseal year ends December 31. (If no entry is requiled for a transaction/event, select "No journal entry regaired" in the first accourt field Enter your answers in whole dollars and not in thilions. Round your intermediate and finat arswers to the nearest whole doliat.) Prepare the oppropriate entries for Edison Leasing from the beginning of the lease through Jamsary 1, 2022. Edisan's fiscal year ends December 31. (If no entry is required for a transaction/event, select "No joumal antry required" in the firit account field. Enter your answers in whole dollars and not in millions. Round your intermediate and final answers to the nearest wholo dollar.) Journal entry worksheet Prepare the appropriate entries for Edison Leasing from the beginning of the lease through lanuary 1,2022 . Edison's fiscal year onds December 31 . (If no entry is required for a transaction/event, select. No journal entry required" in the first account field. Enter your answers in whole dollars and not in millions. Round your intermediate and final answers to the nearest whole dolisi.) Journal entry worksheet

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