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a. Determine the classification of the lease for Lessee Corporation. b. Prepare a schedule of...

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Accounting

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a. Determine the classification of the lease for Lessee Corporation. b. Prepare a schedule of the lease liability for the first two years of the lease term. - Note: Round each amount in the schedule to the nearest whole dollar. Use the rounded amount for later calculations in the schedule. flecording Entries for Finance Lease with Unguaranteed Residual Value-Lessee lene. Mequired a. Betwrmine the rlate fication of gie lease for Lesuese Corporation \begin{tabular}{|l|l|} \hline Jan. 1, Year 1 & Cash \\ \hline Initial Direct Cost \\ Inventory \end{tabular}

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