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dolher question wiltuve the response Question 19 Ob 19 On January 1, 2019, Mitchell Company lases equipment from Donson Corp for the equipment's entire seul

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dolher question wiltuve the response Question 19 Ob 19 On January 1, 2019, Mitchell Company lases equipment from Donson Corp for the equipment's entire seul life of six yeus. Doncionated the sello $239,826 and normally utilizes in 5% interest rate for these types of transactions. The payments 315.000, and the first payment is made at the inception of the lease Mitchell should record which of the following in connection with the second payment? 1. Debit to lease payable of $35,259 2. Debit to interest expense of 11,991 O Credit to interest revenue of 11,991 04. Credit to lease receivable of $35,259. Moving to another question will save this response. Mution 1923 11 Proctone. Stop sharing 26 PM Type here to search O RI DELL F12 Price F10 F11 FO FS FO F7 FB Bade A * 7 $ 4 uite & 7 9 8 O 6 3

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