Question: Answer all parts Eye Deal Optometry leased vision - testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machines
Answer all parts Eye Deal Optometry leased visiontesting equipment from Insight Machines on January Insight Machines manufactured the equipment at a cost of $ and lists a cash selling price of $ Appropriate adjusting entries are made quarterly.
Note: Use tables, Excel, or a financial calculator. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $Required:
Prepare appropriate entries for Eye Deal to record the arrangement at its beginning, January and on March
Prepare appropriate entries for Insight Machines to record the arrangement at its beginning, January and on March
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Prepare appropriate entries for Eye Deal to record the arrangement at its beginning, January and on March Note: If no entry is required for a transactionevent select No journal entry required" in the first account field. Round your intermediate calculations and final answer to the nearest whole dollar.
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Record the beginning of the lease for Eye Deal.
Record the lease payment made by Eye Deal on January
Record the lease payment made by Eye Deal on March
Record the amortization for Eye Deal.
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