Question: Question 22 10 pts How is a sales/financing lease recorded on the books of the lessee? As an asset and liability at the future value

Question 22 10 pts How is a sales/financing lease recorded on

Question 22 10 pts How is a sales/financing lease recorded on the books of the lessee? As an asset and liability at the future value of the lease payments. As an asset and liability at the present value of the lease payments. As lease expense when the lease payment is made As a prepaid asset that is amortized each year until the next lease payment is made

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