Business, 21.06.2019 13:30 babygirl091502
On january 1, 2018, johnstone leased an office building. terms of the lease require johnstone to make 15 annual lease payments of $134,000 beginning on january 1, 2018. a 10% interest rate is implicit in the lease agreement. at what amount should johnstone record the lease liability on january 1, 2018, before any lease payments are made?
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On january 1, 2018, johnstone leased an office building. terms of the lease require johnstone to mak...
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