View Policies Current Attempt in Progress Shamrock Corporation owns equipment that cost $76800 and has a useful life of 8 years with no salvage value. On January 1, 2020, Shamrock leases the equipment to Havac Inc. for one year with one rental payment of $14.400 on January 1. Assuming Havaci (lessee) elects to use the short-term lease exception, prepare Havad's 2020 journal entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Account Titles and Explanation Credit Debit e Textbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit