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Be sure to answer all three parts of this question, and to format your entries...

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Accounting

image Be sure to answer all three parts of this question, and to format your entries appropriately. Below are three lease transactions for SKN in 2022 as the Lessee. All leases start on 1/1/2022. Instructions (and a hint: remember the five criteria for a finance lease? Only one needs to be met) a. Identify the three above leases as either operating leases or finance leases. b. Record the initial journal entry for all of the above that are finance leases. c. Record the initial journal entry for all of the above that are operating leases. Note: Make sure to format your entries properly, whether you are using a table or plain text entry

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