From the standpoint of the lessor, a sales-type lease must meet one or more of the criteria

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From the standpoint of the lessor, a sales-type lease must meet one or more of the criteria of a capital lease as well as two additional criteria. Name these two additional criteria.

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Question Posted: Mar 10, 2012 06:48 AM

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From the standpoint of the lessor, a sales-type lease must meet one or more of the criteria

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The two additional criteria for a salestype lease are 1 Collectib...View the full answer

Intermediate Accounting

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