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Part 3: Lessee Entries: Capital Lease On January 1, 2018, Southern, Inc. signed a 10-year non-cancelable lease for a machine. The terms of the lease

Part 3: Lessee Entries: Capital Lease On January 1, 2018, Southern, Inc. signed a 10-year non-cancelable lease for a machine. The terms of the lease called for Southern to make annual payments of $17,...

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