Business, 02.12.2019 23:31, zuleidysnegron

Jockey city operates funaquatic park that meets the gasb definition of an enterprise fund (ef). in 2018, the ef enters into a 20-year agreement with coco's cabanas to lease shower facilities and changing rooms for the park. if the city were to buy the equipment, it would cost $320,000. assuming that the present value of the lease payments is $281,526, how should the ef initially report the lease?

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Jockey city operates funaquatic park that meets the gasb definition of an enterprise fund (ef). in 2...