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[ The following information applies to the questions displayed below. ] Thrillville has $ 3 9 million in bonds payable. One of the contractual agreements
The following information applies to the questions displayed below.
Thrillville has $ million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed Thrillville's total assets are $ million, and its liabilities other than the bonds payable are $ million. The company is considering some additional financing through leasing.
The company enters a lease agreement requiring lease payments with a present value of $ million. Record the lease. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Enter your answer in millions ie $ should be entered as rounded to decimal place.
Journal entry worksheet
The company enters a lease agreement requiring lease payments with a present value of $ million. Record the lease.
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