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Business, 12.11.2019 01:31 ericlawton

Agovernment signed a five-year capital lease on january 1, 2017 to obtain some equipment. the lease provided that the government would make a down payment of $20,000 and four $20,000 payments each year after that, beginning january 1, 2016. the government has a fiscal year ending december 31. upon inception of the lease, the government, in its governmental fund accounting records would:

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Agovernment signed a five-year capital lease on january 1, 2017 to obtain some equipment. the lease...
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