frankthetank8880 frankthetank8880

13-04-2018
Business

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Crystal corporation makes $2,000 payments every month for leasing office equipment. crystal recorded a lease payment as follows:

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MrsTriplet MrsTriplet

22-04-2018

Crystal corporation makes $2,000 payments every month for leasing office equipment. Crystal recorded a lease payment as an operating lease.

An operating lease is a lease that is commonly used for a short term basis and asset. The operating lease payment is found on the financial statement.

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