Question: View Policies Current Attempt in Progress The basic difference for the lessor between a direct financing lease and a sales - type lease is that

View Policies
Current Attempt in Progress
The basic difference for the lessor between a direct financing lease and a sales-type lease is that
the lessor reimburses executory costs to the lessee.
in a direct financing lease, the profit is recognized immediately. In a sales-type lease, the profit is deferred and recognized over the life of the lease.
In a sales-type lease, the profit is recognized immediately. In a direct financing lease, the profit is deferred and recognized over the life of the lease.
there is no difference for the lessor between a direct financing lease and a sales-type lease.
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