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estion 10 et yet wered rked out of On January 1, 2019, AXY Corporation signed lease for a machine. The annual payments of OR 9968

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estion 10 et yet wered rked out of On January 1, 2019, AXY Corporation signed lease for a machine. The annual payments of OR 9968 at the ending of each year. AXY incremental borrowing rate is 10%, and the Lessor's implicit rate is unknown. On the journal entry, with first annual payment in book of the lessee. The debit side is: Flag question Select one: O a. The correct answer not available O b. Lease Liability and interest payable O c. Lease Liability and interest expenses O d. Lease Liability e. Lease receivable and interest payable

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