If the lessor records unearned rent (or deferred lease revenue) at the beginning of a lease term,

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If the lessor records unearned rent (or deferred lease revenue) at the beginning of a lease term, the lease must be:

A) A finance lease.

B) A sales-type lease without selling profit.

C) A sales type lease with selling profit.

D) An operating lease.

Related Book For answer-question

Project Management A Managerial Approach

ISBN: 978-0470226216

7th Edition

Authors: Jack R. Meredith, Samuel J. Mantel,

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Posted Date: Mar 27, 2020 02:40 AM

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If the lessor records unearned rent (or deferred lease revenue) at the beginning of a lease term,

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OPTION D IS CORRECT INOPERTI... View the full answer

Project Management A Managerial Approach

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