Question: please write out all Journal entries and label jack or luna ALL LEASES BELOW ARE BETWEEN LUNA AND JACK A. On January 1, 2021, Jack

please write out all Journal entries and label jack or luna

ALL LEASES BELOW ARE BETWEEN LUNA AND JACK A. On January 1, 2021, Jack leased office space from Luna under a 20-year operating lease agreement. The lease calls for annual lease payments of $10,000 on January 1 of each year. Record all journal entries related to the lease for 2021, 2022, and 2023 for both Luna and Jack

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