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Business, 21.12.2019 04:31 erinmcdonald6673

Amdahl, inc. leases a piece of equipment from bff on january 1, 2018. the lease agreement calls for 5 annual payments of $33,000 to be paid by amdahl at the beginning of the year (starting with 2018). ownership of the equipment will transfer to amdahl at the end of the fifth year. the explicit rate on this lease is 8%.
1. prepare amdhal's journal entries on january 1, 2018.

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Amdahl, inc. leases a piece of equipment from bff on january 1, 2018. the lease agreement calls for...
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