Based on the Above Information, Prepare an Amortization Table for the Nice

question 39

Essay

Based on the above information, prepare an amortization table for the Nice Manufacturing's lease liability.
$$\begin{array} { | l | l | l | l | l | } \hline & \text { Payment } & \text { Interest } & \text { Reduction } & \text { Balance } \\\hline \text { Commencement } & & & & \\\hline \text { 1-Jan-19 } & & & & \\\hline \text { B1-Dec-19 } & & & & \\\hline \text { 31-Dec-20 } & & & & \\\hline \text { 31-Dec-21 } & & & & \\\hline \text { 31-Dec-22 } & & & & \\\hline \text { 31-Dec-23 } & & & & \\\hline \text { 31-Dec-24 } & & & & \\\hline \text { 31-Dec-25 } & & & & \\\hline \text { 31-Dec-27 } & & & & \\\hline \text { 31-Dec-28 } & & & & \\\hline\end{array}$$

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Definitions:

Defence Mechanism

Psychological strategies unconsciously used to protect a person from anxiety arising from unacceptable thoughts or feelings.

Self-Worth

An individual's subjective valuation of themselves, often influenced by perceived abilities, successes, and the valuation of others.

Rationalization

A defense mechanism where controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner.

Freudian Component

Elements of Sigmund Freud's psychoanalytic theory which include the id, ego, and superego, responsible for different aspects of human personality and behavior.