Can someone tell me what I am doing wrong here?

is the following journal ledgers correct for ASPE in terms of the lessor who is a manufacturer?

What would the lessee's journal ledgers look like?

Main Data given for this question was:

-11 economic life of equipment.

-10 yr lease with equal pmt due at the beginning of each yr = $25,250

-fair value and price at inception of lease185078 & promise of residual value of 20,000

-implicit and interest rate of 9%

-lease began on May 30th, 2020

-straight-line amortization

-equipment is returned back to lessor after lease done

Date Reduction in Lease 30-May-20 30-May-20 30-May-21 30-May-22 30-May-23 30-May-24 30-May-25 30-May-26 30-May-27 30-May-28 30-May-29 Residual (Straight-line Amortization) Lease Payment Interest on Net Net Net Investment Received . Annuity Due Investment Investment @9% Recovery Balance 0 185078 25250 8742 16508 168570 25250 8742 16508 152062 25250 8742 16508 135555 25250 8742 16508 119047 25250 8742 16508 102539 25250 8742 16508 86031 25250 8742 16508 69523 25250 8742 16508 53015 25250 8742 16508 36508 25250 8742 16508 20000 20000 20000 0 $272,500 $87.422 $185,078 272500 247250 222000 196750 171500 146250 121000 95750 70500 45250 20000 0 Cr 272,500 Date: Account 30-May-20 Lease Recievable Equipment under lease Unearned Interest Income 185,078 87,422 30-May-20 Cash Lease Recievable 25,250 25,250 3,643 31-Dec-20 Unearned Interest Income Interest Income 3,643 6,878 31-Dec-20 Equipment Under Lease Lease Recievable 6,878 247,250 30-May-21 Lease Recievable Equipment Under Lease 247,250