Describe the effect of a bargain-purchase option on accounting for a finance lease transaction by a lessee.
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If a bargainpurchase option exists the lessee must increase the present value of the minimum lease ...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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