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Prepare jennifer brent corporations 2008 journal entries

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Reference no: EM13520121

Jennifer Brent Corporation owns equipment that cost $72,000 and has a useful life of 8 years with no salvage value. On January 1, 2008, Jennifer Brent leases the equipment to Havaci Inc. for one year with one rental payment of $15,000 on January 1. Prepare Jennifer Brent Corporation's 2008 journal entries.

Reference no: EM13520121

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Prepare jennifer brent corporations 2008 journal entries : Jennifer Brent leases the equipment to Havaci Inc. for one year with one rental payment of $15,000 on January 1. Prepare Jennifer Brent Corporation's 2008 journal entries.
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