Debt Issuance and Lease Recording
June 7th, 2024
Debt Issuance and
Lease Recording
Resource: ABC Company History and ABC Financial Data Excel® spreadsheet, and
the Income Statement and Balance Sheet Week 2 Individual assignment
Prepare bond and lease amortization schedules using the values from Week 2.
Create journal entries for the book debt restructure.
Adjust the balance sheet and income statements, including the bond and lease
footnotes.
Submit the amortization schedules, journal entries, and the adjusted Balance
Sheet and Income Statement in Microsoft® Excel® spreadsheets.
Remember for this assignment only the bond and lease schedules with the
associated journal entires are required. No update of the balance sheet and
income statement is required.