Bench Inc., an equipment manufacturer, leased a machine to Unicycle Company on January 1, 2014. The lease
Question:
Instructions
(a) Compute the amount of the lease receivable.
(b) Prepare all necessary journal entries for Bench for 2014 and 2015.
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Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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