Use the information for ibm from be21-6 assume the
1. Use the information for IBM from BE21-6. Assume the direct-financing lease was recorded at a present value of $150,000. Prepare IBM's December 31, 2011, entry to record interest.
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1 assume that ibm leased equipment that was carried at a cost of 150000 to sharon swander company the term of the lease
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1 use the information for ibm from be21-6 assume the direct-financing lease was recorded at a present value of 150000
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