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The following facts pertain to a noncancelable lease agreement between Vaughn Leasing Company and Bramble Company, a lessee. Q1 Q2 Prepare a lease amortization schedule
The following facts pertain to a noncancelable lease agreement between Vaughn Leasing Company and Bramble Company, a lessee.
Q1 Q2 Prepare a lease amortization schedule for 2 years. {Round answer-5 to a decimal places e.g. 53,971.) TAMARISK INDUSTRIES Lease Amortization Schedule $ 3,105,003 |_l 131313 443.0?3 239.502 204.31 2.450350 ' \" 222,?05 2,223,994l 1m\" 443.0?3 \"\"19 443,0?3 TAMARISK INDUSTRIES Balance Sheet [Partial] December 31,r 2:11? 1' iji EI 51- ..I . . 51. Less 1' . Accumulated Depreciatien lml '5'!- Lease Liability 204.3?1 1f $ I Interest Payable 239,5[12 . |_ Total Liabilities r : Lease Liability 2,456,?58 \fPrepare a lease amortization schedule for 2 years. [Round answers to 0 decimal places e.g. 53,9?IJ TAMARISK INDUSTRIES Lease Amortization Schedule 1; 3,105,003 2,661,128 1:1;1? $ 1" 443 8?3 I I 131313 443,8?3 239.502 204.3?1 2,456,?58 III- 151519 443,8?3 221,108 222,?65 | 2,223,992' 1" . 443 8?3 $ lflflStep by Step Solution
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