help 2. (12) Windom Co. as lessee records a capital lease...
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2. (12) Windom Co. as lessee records a capital lease of machinery on January 1, 2019. The eight annual lease payments of $200,000 are made at the end of each year. The present value of the lease payments at 10% is $1,150,000. Windom uses the effective- interest method of amortization and straight-line depreciation (no residual value). Instructions (Round to the nearest dollar.) Prepare all of Windom 's journal entries for 2019
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