On January 1, 2018, the chief operating officer of New Belgium, Jeff Stambaugh, signed a noncancellable lease for street equipment. The lease was for 10 years. The present value of payments expected to be made during the lease is $75,152. The township’s incremental borrowing rate is 7 percent. The $10,000 annual lease payment is due on the first day of each year beginning in 2018. Required:
Prepare all journal entries necessary to record the lease transaction for 2018 and the payment made in 2019.

Account Titles and Explanation                  Debit$      Credit$

2018

Expenditure-Capital outlays                       $75,152

    Other financing source-Capital leases                      $75,152

(To record expenditure-capital outlay)

Expenditure-capital lease principal             $10,000

    Voucher payable                                                         $10,000

(To record expenditure capital lease principal)

Voucher Payable                                           $10,000

      Cash                                                                             $10,000

(To record payment of expenditure)

2019

Expenditure-capital lease principal             $5,440

Expenditure-interest on capital lease          $4,560

      Voucher payable                                                       $10,000

(To record expenditure capital lease principal)

Voucher payable                                            $10,000

        Cash                                                                           $10,000

(To record payment of expenditure)

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

i would say that they would most likely use a e-mail