January 1 2 0 2 4 Nath - Langstrom Services, Incorporated , a computer software training firm,
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January NathLangstrom Services, Incorporated a computer software training firm, leased several computers under a two year operating lease agreement from ComputerWorld Leasing which routinely finances equipment for other firms at an annual interest rate of The contract calls for four rent payments of $ eachpayable semiannually on June and December each year The computers were acquired by ComputerWorld at a cost of $ and were expected to have a useful life of five years with no residual value Both firms record amortization and depreciation semiannually : Use Excel, or a financial calculator of EVA of PVA EVAD of and PVAD of Required: Prepare appropriate journal entries recorded by Nath Langstrom Services for the first year of the lease Prepare appropriate journal entries recorded by ComputerWorld Leasing for the first year of the lease Complete this question by entering your answers in the below Required Prepare appropriate journal entries recorded by Nath Langstrom Services for the year of the lease entry required for a transaction event, select entry required the your whole
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