Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result of paying a $1,312 loan payment and a...

Using the chart of accounts in Figure 2-1, determine the changes to the balance sheet, income statement, job cost ledger, and equipment ledger as the result of paying a $1,312 loan payment and a $1,050 capital lease payment. For the loan, $270 of the payment is interest and for the capital lease $692 of the payment is used to reduce the capital lease payable.