Business
Business, 27.03.2020 06:05, tatipop49

Cady Salons leased equipment from Smith Co. on January 1, 2018, in an operating lease. The present value of the lease payments discounted at 10% was $80,000. Ten annual lease payments of $12,000 are due at each January 1 beginning January 1, 2018. The amortization of the right-of-use asset for the reporting year ending December 31, 2018, would be:

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Cady Salons leased equipment from Smith Co. on January 1, 2018, in an operating lease. The present v...

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