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Question 4 of 22 -75 Voices Current Attempt in Progress Kingbird Corporation manufactures drones. On December 31, 2019. It leased to Athus Company a drone

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Question 4 of 22 -75 Voices Current Attempt in Progress Kingbird Corporation manufactures drones. On December 31, 2019. It leased to Athus Company a drone that had cost $110,300 to manufacture. The lease agreement covers the year useful life of the drone and requires seguint rentals of $36.000 each December 31, begin December 31, 2019. An Interest rate of 10% is implicit in the late agreement Collectibly of the rentals is probable Prepare Kirebird's December 31, 2019. journal entries (Credit account titles are automatically indented when amunt is entered Do not indent manually. For calculation purposes se decimal places as displayed in the factor table provided and round final answers to decimal places 5.275) talesh the Beast Click here to view factor tablet Account Titles and Explanation Debit Credit Date December 31 2019 Receivable 2 Covt of Goods M Sales Revue mento To record the loase dt HW9 Chapter 21 Question 4 of 2

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