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Journal entry worksheet 5 Record the beginning of the lease for Chance. Note: Enter debits before credits. answers to the nearest whole dollar amounts. Journal

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Journal entry worksheet 5 Record the beginning of the lease for Chance. Note: Enter debits before credits. answers to the nearest whole dollar amounts. Journal entry worksheet 5 Record the lease payment. Note: Enter debits before credits. Courage Enterprises feased equipment from Sixth Street Leasing on January 1, 2024. Courage purchased the equipment at a cost of $2,000,000. Courage elected the short-term lease option. Appropriate adjusting entries are made annually. Required: Prepare appropriate journal entries for Courage from the beginning of the lease through Decembor 31 , 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Round your answers to the nearest whole dollar amounts. Journal entry worksheet Note: If no entry is required for a transaction/event, select answers to the nearest whole dollar amounts. Journal entry worksheet 5 Record the lease payment. Note: Enter debits before credits. Prepare appropriate journal entries for Courage from the beginnir Note: If no entry is required for a transaction/event, select "No j answers to the nearest whole dollar amounts. Journal entry worksheet Record the lease expense paid by Chance. Note: Enter debits before credits. Prepare appropriate journal entries for Courage from the beginning of Note: If no entry is required for a transaction/event, select "No journ answers to the nearest whole dollar arhounts. Journal entry worksheet 5 Record the lease payment. Note: Enter debits before credits

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