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general ledger journal entry for following transaction? -On April 1st company entered into an 8 year lease agreement for a truck for compnay use. the
general ledger journal entry for following transaction?
-On April 1st company entered into an 8 year lease agreement for a truck for compnay use. the lease requires payments of 800$ at the end of each month for eight years. the trucks economic life is 10 years with no salavge. comoanys incremental borrowing rate is 3.75 %. please include amoritization
please include entry for first oayment on the loan 4/30
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