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    Kaila Mae Tan Du
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    This document records accounting transactions for a company in January and December 2020. In January, accrued interest payable and lease liability accounts increased while cash decreased. Property taxes were also paid in cash. In December, depreciation expense was recorded with a corresponding increase to accumulated depreciation for the year.

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    This document records accounting transactions for a company in January and December 2020. In January, accrued interest payable and lease liability accounts increased while cash decreased. Property taxes were also paid in cash. In December, depreciation expense was recorded with a corresponding increase to accumulated depreciation for the year.

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    © All Rights Reserved
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    9 views1 page

    1 3

    Uploaded by

    Kaila Mae Tan Du
    This document records accounting transactions for a company in January and December 2020. In January, accrued interest payable and lease liability accounts increased while cash decreased. Property taxes were also paid in cash. In December, depreciation expense was recorded with a corresponding increase to accumulated depreciation for the year.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 1

    2020

    Jan 1 Accrued Interest Payable 2,788.74


    Lease Liability 21,192.88
    Cash 23,981.62
    Property Tax 2,000.00
    Cash 2,000.00
    Dec 31 Depereciation Expense 20,000.19
    Accumulated Depreciation 20,000.19

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