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lessee Journal Entry for January 1 2021: Record Lease;Record Cash Payment. April 1 2021: Record Cash PaymentLessor Journal Entry for January 1 2021: Record Lease;Record

lessee Journal Entry for January 1 2021: Record Lease;Record Cash Payment. April 1 2021: Record Cash PaymentLessor Journal Entry for January 1 2021: Record Lease;Record Cash Payment. April 1 2021: Rand Medical manufactures lithotripters. Lithotripsy uses shock waves instead of surgery to eliminate kidney stones. Physicians' Leasing purchased a lithotripter from Rand for \$2,020,000 and leased i 2 answers

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