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(c) Your answer is correct. Based on the original fact pattern, record the lease on Kingbird's books at the date of commencement. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Right-of-Use Asset 19076 Lease Liability 19076 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: 3 of 5 used (d) Your answer is correct. Record the first month's lease payment (at commencement of the lease). (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.) Debit Credit Account Titles and Explanation Lease Liability 430 Cash 430 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Attempts: 1 of 5 used (e) Your answer is partially correct. Try again. Record the second month's lease payment. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,275.) Account Titles and Explanation Debit Credit Interest Expense 26 X Lease Liability 404 Cash 430 SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT LINK TO TEXT Attempts: 5 of 5 used Your answer is partially correct. Try again. Record the first month's amortization on Kingbird's books (assume straight-line). (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 5,275.25.) Account Titles and Explanation Debit Credit Depreciation Expense 361 X Accumulated Depreciati 361

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