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help please Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2024. Edison purchased the equipment from International Machines at a cost
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Edison Leasing leased high-tech electronic equipment to Manufacturers Southern on January 1, 2024. Edison purchased the equipment from International Machines at a cost of $19,300. Note: Use tables, Excel, or a financial calculator. (FV of \$1. PV of \$1. EVA of \$1, PVA of \$1. FVAD of \$1 and PVAD of \$1) Required: Prepare a lease amortization schedule and appropriate entries for Edison Leasing from the beginning of the lease through January t, 2025. 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, 2025. Edison's fiscal year ends December 31 . Note: Round your intermediate and final answers to the nearest whole dollar. Enter all amounts as positive values Step by Step Solution
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