Exercise $15-18($Algo$)$ Short$-$term lease $[$LO$15-5]$

Chance Enterprises leased equipment from Third Bank Leasing on January $1,2024.$ Chance elected the short$-$term lease option. Appropriate adjusting entries are made annually.Required:Prepare appropriate entries for Chance from the beginning of the lease through April $1,2024.$Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.Journal entry worksheet$12345$Record the beginning of the lease for Chance.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$January $01,2024,,,],[,,,],[,,,]]$