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:
A) Please see the following table:
B) Please see the following table:
C) Please see the following table:
D) Please see the following table:
Correct Answer:
Verified
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