Question
Required 2 Required 1 Lessee Required 2 L'essor Required 3 Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which
Required 2 Required 1 Lessee Required 2 L'essor Required 3 Assume Mid-South Urologists Group leased the lithotripter directly from the manufacturer, Rand Medical, which produced the machine at a cost of $1.7 million. Prepare appropriate entries for Rand Medical from the beginning of the lease through the second lease payment on April 1, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars and not in the millions of dollars. Round your answers to nearest whole dollars.) View transaction list Journal entry worksheet < 1 2 3 Record lease. Note: Enter debits before credits. Date January 01, 2021 General Journal Debit Credit < Prev 3 of 4 Next > Show less
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