Business
Business, 16.10.2019 01:30, AnActualTrashcan

Mafaldine routinely leases equipment of this nature. sagnette has no other leased equipment. sagnette amortizes the liability using the effective interest method. neither entity considers the 3- year lease term to be a major portion of the asset’s life. nor do they consider the present value of the lease payments to be substantially all of the asset’s value. considering only the above information, what amount of non-debt liability should sagnette report in its december 31, 2019 balance sheet?
a. $0b. $188,680c. $225,000d. $185,194

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Answers: 1

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Mafaldine routinely leases equipment of this nature. sagnette has no other leased equipment. sagnett...

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