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The journal entry for the annual lease payment for Fun City will include: a) A debit to Lease Obligation Payable b)A credit to Lease Obligation

The journal entry for the annual lease payment for Fun City will include:

a) A debit to Lease Obligation Payable

b)A credit to Lease Obligation Payable

c) A debit to Lease Expense

d) A debit to Expenditures ~ Principle of Lease Obligation

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