$\backslash$table$[[$A$,$Accounts Payable$],[$B$,$Accounts Receivable$],[$E$,$Accumulated Depreciation$-$Equip$],[$F$,$Bonds Payable$],[$G$,$Cash$],[$H$,$Cost of Goods Sold$],[$I$,$Capital Lease Payable$],[$J$,$Discount on Bonds Payable$],[$K$,$Equipment$],[$L$,$Federal Income Tax Withheld Payable$],[$M$,$Federal Unemployment Taxes Payable$],[$N$,$FICA Taxes Payable$],[$O$,$Income Summary$],[$P$,$Income Taxes Payable$],[$Q$,$Interest Expense$],[$R$,$Interest Payable$],[$S$,$Land$],[$T$,$Land Improvement$]]$

$\backslash$table$[[$U$,$Loss from discontinued operatiol$],[$V$,$Losses due to fire$],[$W$,$Merchandise Inventory$],[$X$,$Notes Payable$],[$Y$,$Premium on Bonds Payable$],[$Z$,$Rent Expense$],[$AA$,$Rent Revenue$],[$BB$,$Retained Earnings$],[$EE$,$Salaries and Wages Payable$],[$FF$,$Sales Returns$],[$GG$,$Sales Revenues$],[$HH$,$Sales Taxes Payable$],[$II$,$Shipping Expense$],[$JJ$,$State Income Tax Withheld Payal$],[$KK$,$State Unemployment Taxes Paya$],[$LL$,$Supplies$],[$MM$,$Tax Expense$],[$NN$,$Unearned Rent Revenue$]]$

Example of Answer: G$4000$D$,$B$2000$D$,$GG$5000$C$,$HH$1000$C

Where $G$ denotes Cash account, $4000$ is the amount, D stands for debit, B denotes Accounts Receivable account, $2000$ is the amount, D stands for debit, GG denotes Service Revenues, $5000$ is the amount, and C stands for credit, $HH$ denotes Sales Taxes Payable, $1000$ is the amount, $C$ stands for Credit. The letters are in capital. Comma is used to separate the changes in each account. Don't use dollar sign, decimal point, or space in any place. If in an entry requires more than one debit or credit accounts, first enter debit accounts $($in order of dollar amount $-$ large amount to small amount$),$ then the credit accounts $($in order of dollar amount $-$ large amount to small amount$).$

Kamp Company engaged in leasing a machine for quality control that requires payment of $$1,200$ at the end of each month. The economic life of the machine is $5$ years. Kamp Company normally is subject to $6\%$ interest rate in business transactions.

Assume leas period is $50$ months. Provide journal entry for the $1^{st}$ monthly payment on the lease. Round amounts: $2\mathrm{.}31=2$;$2\mathrm{.}65=3$