Chance Enterprises leased equipment from Third Bank Leasing on January 1, 2021. Chance elected the...
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Accounting
Chance Enterprises leased equipment from Third Bank Leasing on January 1, 2021. Chance elected the short-term lease option. Appropriate adjusting entries are made annually: Required: Prepare appropriote entries for Chance from the beginning of the lease through April 1, 2021. (if no entry is required for a trensectionievent, select "No joumsl entry required" in the first account field. Round your nnswers to the nearest whole dollor smount.)
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