On January 1, 2021, SSS recorded a right-of-use asset of $135,180 in an operating lease. The lease
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On January 1, 2021, SSS recorded a right-of-use asset of $135,180 in an operating lease. The lease calls for ten annual payments of $20,000 at the beginning of each year. The interest rate charged by the lessor was 10%. 021, What will be The balance in the right-of-use asset of SSS at December 31 ?
Related Book For
Intermediate Accounting
ISBN: 9780136946694
3rd Edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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