If a lease is recorded as a capital lease, what is the relationship of the lease payments

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If a lease is recorded as a capital lease, what is the relationship of the lease payments and the lease liability?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Question Posted: Dec 30, 2011 04:56 AM

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If a lease is recorded as a capital lease, what is the relationship of the lease payments

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Under a capital lease the lease liability at the inception of the lease i...View the full answer

Accounting concepts and applications

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