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on 1 et red dout of On 1.1 2017, AXY Corporation signed lease for a machine, the present value of the minimum lease payments 41565.

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on 1 et red dout of On 1.1 2017, AXY Corporation signed lease for a machine, the present value of the minimum lease payments 41565. The annual payments of OR 9968 at the beginning of each year, starting January 1, 2019. AXY incremental borrowing rate is 10%, and the Lessor's implicit rate is unknown. On the journal entry, of 1.1.2019 in book of the lessee. The debit side is: question Select one: O a. interset expenses O b. Lease Liability O c interest payable O d. cash O e. The correct answer not available

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