Please help with the Jounral entry Thank you Required Information [The following information applies...
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Please help with the Jounral entry
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Required Information [The following information applies to the questlons displayed below.] Thrillville has $39.4 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 2.0. Thrillville's total assets are $79.4 million, and Its liabilltiles other than the bonds payable are $9.4 million. The company is considering some additional financing through leasing. - The company enters a lease agreement requiring lease payments wlth a present value of $14.4 million. Record the lease. (If no ntry Is required for a partlcular transaction/event, select "No Journal Entry Required" In the flrst account fleld. Enter your answer illilons (l.e., \$5,500,000 should be entered as 5.5) rounded to 1 decimal place.) Journal entry worksheet The company enters a lease agreement requiring lease payments with a present value of $14.4 million. Record the lease. Note: Enter debits before credits
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