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The answers were posted on another chegg post which was incorrect. Please update with correct answer and I will upvote if correct. Thanks. - Your
The answers were posted on another chegg post which was incorrect. Please update with correct answer and I will upvote if correct. Thanks.
- Your answer is partially correct. estimated residual value. The appropriate interest rate is 6%, Click here to view factor tables. (To record lease payment) (To record interest expense) 12/31/20 Right-of-Use Asset: Amortization Expense Rlght-of-Use Asset (To record amortization of the right-of-use asset)Step by Step Solution
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