Question: Eye Deal Optometry leased vision - testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machines manufactured the equipment
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 $
tableLease term,years quarterly periodstableQuarterly lease paymentsEconomic life of assettable$
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