20 points Al Juary 1, 2020, Harry and Sally Builders leased construct quipment from Prestige Worldwide Corporation under a five year lease agreemeat. The lease are specifies as of 12.000 beginning my I. 2000, the beginning of the lease, and teach December lining December 31, 2020 threater through 2025. The construction equipment was acquired recently by Prestige Worldwide at a cost of $10.000 (its fair vabe) and was expected to have a useful life of years with sohage value at the end of its life. Prestige Worldwide sees a Photos on its lease arvestments By this name the base is deemed to be an operating lease The lease payments have a present value of $50,877 Numbers should be rounded up to the weare whale della Comms should be used to sparate thousands Nethembers and credit balance should be placed in parenthesis. For example, balance in deferred eye of caethand should be shows (1,006). Positive members and debit balance should be entered regularly. For example, a cash balance of one and should be The total effect to set income for Harry and Sally in 2020 is Etter decreases in income as segative sumbers and increases in income as positive The Report the balances in the balance sheet counts for Haery and Sally as of December 31, 2020. I no balance, cuter. The balance on Harry and Sallys lease payable is balace in the ROU is The balance in the lease receivable is The bain bood payable is The local effect to set income for Worldwide i 2030 is Enter decreases in income as negative embers and increases in income as positive (4 points Report the balances in the balance sheet accounts for Prestige Worldwide as of December 31, 2020. If no balance etter 0. The balance on Prestige Worldwide lease payable is The balance the ROU The balance in the lease receivable is The bal in bond payable in 20 points Al Juary 1, 2020, Harry and Sally Builders leased construct quipment from Prestige Worldwide Corporation under a five year lease agreemeat. The lease are specifies as of 12.000 beginning my I. 2000, the beginning of the lease, and teach December lining December 31, 2020 threater through 2025. The construction equipment was acquired recently by Prestige Worldwide at a cost of $10.000 (its fair vabe) and was expected to have a useful life of years with sohage value at the end of its life. Prestige Worldwide sees a Photos on its lease arvestments By this name the base is deemed to be an operating lease The lease payments have a present value of $50,877 Numbers should be rounded up to the weare whale della Comms should be used to sparate thousands Nethembers and credit balance should be placed in parenthesis. For example, balance in deferred eye of caethand should be shows (1,006). Positive members and debit balance should be entered regularly. For example, a cash balance of one and should be The total effect to set income for Harry and Sally in 2020 is Etter decreases in income as segative sumbers and increases in income as positive The Report the balances in the balance sheet counts for Haery and Sally as of December 31, 2020. I no balance, cuter. The balance on Harry and Sallys lease payable is balace in the ROU is The balance in the lease receivable is The bain bood payable is The local effect to set income for Worldwide i 2030 is Enter decreases in income as negative embers and increases in income as positive (4 points Report the balances in the balance sheet accounts for Prestige Worldwide as of December 31, 2020. If no balance etter 0. The balance on Prestige Worldwide lease payable is The balance the ROU The balance in the lease receivable is The bal in bond payable in