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Req 1 Req 2 Req 3 and 4 Prepare the journal entry for American Food Services at the beginning of the lease on January 1,
Req 1 Req 2 Req 3 and 4 Prepare the journal entry for American Food Services at the beginning of the lease on January 1, 2018. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in millions.) View transaction list Journal entry worksheet Record beginning of the lease for American Food Services. Note: Enter debits before credits. Credit Date General Journal Debit January 01, 2018 Record entry Clear entry View general journal Req Req 3 and 4 Req 1 Prepare an amortization schedule for the four-year term of the lease. (Enter your answers in whole dollars and not in millions. Round your answers to nearest whole dollar. Enter all amounts as positive values.) Lease Amortization Schedule Decrease in Balance Lease Effective Interest Outstanding Balance Year Payments 2018 2019 2020 2021 Total Req 2 Req 3 and 4 Req 1 Prepare the appropriate entries related to the lease on December 31, 2018 and 2020. (Enter your answers in whole dollars and not in millions. Round your intermediate and final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 4 Record the amortization of right-of-use asset for American Food Services. Note: Enter debits before credits. General Journal Date Debit Credit December 31, 2018 Record entry Clear entry View general jourmal
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