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Knowledge Check 01 On December 1, Derrick, Incorporated, pays $800 to lease a copier for the month of December. The one-month lease does not
Knowledge Check 01 On December 1, Derrick, Incorporated, pays $800 to lease a copier for the month of December. The one-month lease does not include a purchase option and is not expected to be renewed or extended. Complete the necessary journal entry. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < 1 Record the $800 payment on December 1 to lease a copier for one month. Note: Enter debits before credits. Date December 01 General Journal Debit Credit
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