On January 1, 2013, Evergreen Company leases an asset from Rocky, Inc. The asset leased is a
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Question:
a) $74,816 credit to interest revenue.
b) $145,184 debit to lease receivable.
c) $96,816 credit to interest revenue.
d) $220,000 credit to cash.
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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