Question: Not sure if what i picked is correct A five year lease is correctly treated as operating by the lessee. In year five of the

Not sure if what i picked is correct A five year

Not sure if what i picked is correct

A five year lease is correctly treated as operating by the lessee. In year five of the lease, amortization of the right of use asset will be 0 , since operating leases do not result in the recording of right of use assets. less than it was in year 1. the same as it was in year 1. more than it was in year 1

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