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Macroware Corporation reported the following disclosure note in its 2 0 2 0 financial statements: Note 1 4 - LEASES ( in part ) Supplemental
Macroware Corporation reported the following disclosure note in its financial statements: Note LEASES in part Supplemental cash flow information related to leases was as follows: Required: Prepare a journal entry that summarizes the cash payments for operating leases during the year. Prepare a journal entry that summarizes the cash payments for finance leases during the year. Complete this question by entering your answers in the tabs below.
Macroware Corporation reported the following disclosure note in its financial statements:
Note LEASES in part
Supplemental cash flow information related to leases was as follows:
Required:
Prepare a journal entry that summarizes the cash payments for operating leases during the year.
Prepare a journal entry that summarizes the cash payments for finance leases during the year.
Complete this question by entering your answers in the tabs below.
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