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Business, 19.03.2020 00:41 ConnorRecck3140

On january 1, 2018, majestic mantles leased a lathe from equipment leasing under a finance lease. lease payments are made annually. title does not transfer to the lessee and there is no purchase option or guarantee of a residual value by majestic. portions of the equipment leasing's lease amortization schedule appear below:

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On january 1, 2018, majestic mantles leased a lathe from equipment leasing under a finance lease. le...
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