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a . Report the entries that Rockford Corporation would make on January 1 and December 3 1 to record this lease assuming it is reported
a Report the entries that Rockford Corporation would make on January and December to
record this lease assuming it is reported as an operating lease.
Round all calculations to the nearest whole dollar.
b Report the entries that Rockford Corporation would make on January and December to
record this lease assuming it is reported as a finance lease.
Round all calculations to the nearest whole dollar.
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Managerial Accounting For Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
6th Edition
1264100590, 9781264100590
