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Help Save& ExitSubmit Check my work On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year operating

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Help Save& ExitSubmit Check my work On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year operating lease agreement from ComputerWorld Leasing, which routinely finances equipment for other firms at an annual interest rate of 4%. The contract calls for four rent payments of $10,000 each, payable semiannually on June 30 and December 31 each year, The com re acquired by ComputerWorld at a cost of $90,000 and were expected to have a useful life of five years with no puters we residual value. Both firms record amortization and depreciation semi-annually. (FV of $1. PV of $1, FVA of $1. PVADOS) (Use appropriate factor(s) from the tables provided.) Required Prepare the appropriate entries for both the lessee and the lessor from the beginning of the lease through the e is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate nd of 2018. (If no entry calculations to the nearest whole dollar amount.) View transaction list Journal entry worksheet 6 Record the beginning of the lease for Nath-Langstrom Date General Journal January 01, 2018 Prey 4of4

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