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Business, 29.01.2021 02:00 yashirachevalier

On January 1, 2021, Bentley Co. recorded a right-of-use asset of $135,180 in a finance lease. The lease calls for ten annual payments of $20,000 at the beginning of each year. The interest rate charged by the lessor was 10%. The balance in the right-of-use asset at December 31, 2021, will be: Multiple Choice $115,180. $121,662. $126,698.

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On January 1, 2021, Bentley Co. recorded a right-of-use asset of $135,180 in a finance lease. The le...
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