Question: While only certain leases are currently accounted for as a sale or purchase, there is theoreti al justification for considering all leases to be sales

While only certain leases are currently accounted for as a sale or purchase, there is theoretial justification for considering all leases to be sales or purchases. The principal reason that supports this idea is that
at the end of the lease the property usually can be purchased by the lessee.
all leases are generally for the economic life of the
While only certain leases are currently accounted

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