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Answer full Eye Deal Optometry leased vision - testing equipment from Insight Machines on January 1 , 2 0 2 4 . Insight Machines manufactured
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Eye Deal Optometry leased visiontesting equipment from Insight Machines on January Insight Machines manufactured the equipment at a cost of $ and lists a cash selling price of $ Appropriate adjusting entries are made quarterly.
Note: Use tables, Excel, or a financial calculator. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
Required:
Prepare appropriate entries for Eye Deal to record the arrangement at its beginning, January and on March
Prepare appropriate entries for Insight Machines to record the arrangement at its beginning, January and on March
Complete this question by entering your answers in the tabs below.
Prepare appropriate entries for Insight Machines to record the arrangement at its beginning, January and on March
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field. Round your intermediate calculations and final answer to the nearest whole dollar.
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Record the beginning of the lease for Insight Machines.
Record the lease payment received by Insight Machines on January
Record the lease payment received by Insight Machines on March
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