Exercisel : on 1.1 2019 Salalah company leased Building from ABC company, The present value of minimum 434,366 and useful life of it 6 years without residual value. The annual payments of RO 90000 at the beginning of each year The lessee's incremental borrowing rate 10% and lessor's implicit rate 8% which is known by the lessee. Required: Prepare Amortization Schedule and recorded journal entries. (lessee) On April 1, Arabic bank issued bonds RO 95000 bonds bearing interest 12% is payable each October1 & April 1. on the 1.10 what journal entry to record? Select one: a. interest expense Dr., cash Cr. b. Bonds Dr., Cash Cr. c. cash Dr., Bonds Cr. d. interest payable Dr., cash Cr. e. interest receivable Dr., cash Cr