Question: ect the best answer. When accounting for an operating lease, lessees record: A. depreciation expense using an accelerated method that best matches the pattern
ect the best answer. When accounting for an operating lease, lessees record: A. depreciation expense using an accelerated method that best matches the pattern of cash flows associated with the minimum lease payments. depreciation expense using the cash payment as the basis for the amount recorded unless B. another systematic and rational basis is more representative of the pattern of benefit derived from the leased asset. C. rent expense in the amount of the cash payments regardless of the pattern of benefit derived from the leased asset. rent expense on a straight-line basis regardless of the pattern of h payments unless D. another systematic and rational basis is more representative of the pattern of benefit derived from the leased asset.
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