1 question 2 parts

Assume that a one year lease with no options to renew and no bargain purchase options is entered into. Further assume that the LESSEE pays the required lease payments at the beginning of the accounting period for the entire accounting period. The required journal entry is as follows for the LESSEE Fill in the missing journal entry account name. $XXX Cash $XXX Assume that a one year lease with no options to renew and no bargain purchase options is entered into. Further assume that the LESSEE pays the required lease payments at the beginning of the accounting period for the entire accounting period. The required journal entry is as follows for the LESSOR Fill in the missing journal entry account name. Cash $XXX $XXX