A lessor will record interest income if a lease is classified as: A. a capital lease. B.
Question:
A lessor will record interest income if a lease is classified as:
A. a capital lease.
B. an operating lease.
C. either a capital or an operating lease.
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The correct answer here would be A a capital lease In a capital lease also recognized as ...View the full answer
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Related Book For
International Financial Statement Analysis CFA Institute Investment Series
ISBN: 9780470287668
1st Edition
Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie
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