On January 1, 2014, Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten annual payments of $25,000 beginning December 31, 2014. The lease is considered to be a capital lease. When reading the Amy income statement, you would expect to find which of the following accounts?

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The Answer of On January 1, 2014, Stacie signed a lease agreement with Amy. Amy will use the equipment and make ten annual payments of $25,000 beginning December 31, 2014. The lease is considered to be a capital lease. When reading the Amy income statement, you would expect to find which of the following accounts?

On January 1, 2014, Stacie Signed a Lease Agreement with Amy