Question: Question Content Area On January 1 , Year 6 , Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten
Question Content Area
On January Year Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten annual payments of $ beginning December Year The lease is considered to be a salestype lease. When reading the Stacie income statement, you would expect to find which of the following accounts?
a Rental Expense
b Interest Revenue
c Interest Expense
d Rent Revenue
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