Operating leases often have terms that include? a. Maintenance of the equipment by the lessor. b. Full
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a. Maintenance of the equipment by the lessor.
b. Full amortization over the life of the lease.
c. Very high penalties if the lease is cancelled.
d. Restrictions on how much the leased property can be used.
e. Much longer lease periods than for most financial leases.
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Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
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