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Products, Inc. leases a high-capacity printer from Office Services for $3,380 . The original cost of the printer was $3,680 . Under the terms of
Products, Inc. leases a high-capacity printer from Office Services for $3,380 . The original cost of the printer was $3,680 . Under the terms of the agreement, will make even payments over the 26-month rental period. What is the journal entry made each month if elects to use the low-value lease exception to record the rental payments?
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