Assuming that this is classified as an operating lease, create an amortization table for the right-of-use asset.
Amortization of Right-of-Use Asset
$$\begin{array} { | l | l | l | l | }
\hline & \text { Lease Expense } & \text { Interest } & \begin{array} { c }
\text { Amortization of Right- } \
\text { of-Use Asset }
\end{array} \
\hline 12 / 31 / 2019 & & & \
\hline 12 / 31 / 2020 & & & \
\hline 12 / 31 / 2021 & & & \
\hline 12 / 31 / 2022 & & & \
\hline 12 / 31 / 2023 & & & \
\hline \text { Total } & & & \
\hline
\end{array}$$

Question

Assuming that this is classified as an operating lease, create an amortization table for the right-of-use asset.
Amortization of Right-of-Use Asset
 $$\begin{array} { | l | l | l | l | } 
\hline & \text { Lease Expense } & \text { Interest } & \begin{array} { c } 
\text { Amortization of Right- } \
\text { of-Use Asset }
\end{array} \
\hline 12 / 31 / 2019 & & & \
\hline 12 / 31 / 2020 & & & \
\hline 12 / 31 / 2021 & & & \
\hline 12 / 31 / 2022 & & & \
\hline 12 / 31 / 2023 & & & \
\hline \text { Total } & & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Assuming that this is classified as an operating lease, create an amortization table for the right-of-use asset.
Amortization of Right-of-Use Asset
 $$\begin{array} { | l | l | l | l | } 
\hline & \text { Lease Expense } & \text { Interest } & \begin{array} { c } 
\text { Amortization of Right- } \
\text { of-Use Asset }
\end{array} \
\hline 12 / 31 / 2019 & & & \
\hline 12 / 31 / 2020 & & & \
\hline 12 / 31 / 2021 & & & \
\hline 12 / 31 / 2022 & & & \
\hline 12 / 31 / 2023 & & & \
\hline \text { Total } & & & \
\hline
\end{array}$$

Assuming That This Is Classified as an Operating Lease, Create