On January 1,2014,BE Company collected a $15,000 cash,non-refundable,bonus payment on an operating lease.Assuming a 12 percent interest rate and a five-year lease term,the lease bonus amortization journal entry for 2014,if the interest method is used,is:

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The Answer of On January 1,2014,BE Company collected a $15,000 cash,non-refundable,bonus payment on an operating lease.Assuming a 12 percent interest rate and a five-year lease term,the lease bonus amortization journal entry for 2014,if the interest method is used,is:

On January 1,2014,BE Company Collected a $15,000 Cash,non-Refundable,bonus Payment on an Operating