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Required information The following information applies to the questions displayed below) Thrillville has $40.7 million...

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Required information The following information applies to the questions displayed below) Thrillville has $40.7 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 20. Thrillville's total assets are $80.7 million, and its liabilities other than the bonds payable are $10.7 million. The company is considering some additional financing through leasing 3. The company enters a lease agreement requiring lease payments with a present value of $15.7 million. Record the lease. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answer in millions (l.e., $5,500,000 should be entered as 5.5.).) View transaction list Journal entry worksheet ences Record a lease agreement. Note: Enter debits before credits No Account Titio Debit Credit 1 Lease Asset Lease Payable

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