On march 31 2011 southwest gas leased equipment from a

Reference no: EM13603847

On March 31, 2011, Southwest Gas leased equipment from a supplier and agreed to pay $213,000 annually for 19 years beginning March 31, 2012. Generally accepted accounting principles require that a liability be recorded for this lease agreement for the present value of scheduled payments. Accordingly, at inception of the lease, Southwest recorded a $2,376,680 lease liability

Reference no: EM13603847

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On march 31 2011 southwest gas leased equipment from a : on march 31 2011 southwest gas leased equipment from a supplier and agreed to pay 213000 annually for 19 years

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On march 31 2011 southwest gas leased equipment from a

Reference no: EM13603847

Reference no: EM13603847

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