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Lasch Company recorded a right - of - use asset of $ 2 0 0 , 0 0 0 in a 1 0 - year
Lasch Company recorded a rightofuse asset of $ in a year operating lease. Payments of $ are made annually at the end of each year. The interest rate charged by the lessor was What are the journal entires to record the payment of interest the first year and the amortization of the ROU asset.year
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