How is interest determined in a capital lease transaction? How does the approach compare to other forms

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How is interest determined in a capital lease transaction? How does the approach compare to other forms of debt (say bonds payable or notes payable)?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Jul 05, 2013 07:00 AM

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How is interest determined in a capital lease transaction? How does the approach compare to other forms

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Periodic interest expense is calculated by the lessee as the effective interest rate ...View the full answer

Intermediate Accounting

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