A Capital Lease Should Be Recorded in the Lessee's Accounts

Multiple Choice

A capital lease should be recorded in the lessee's accounts at the inception of the lease in an amount equal to

A) the present value of the minimum lease payments less the executory costs included in the minimum lease payments
B) the total value of the future rental payments less any estimated contingent payments
C) the total value of future rental payments less any executory payments included in the future payments
D) the total value of the minimum lease payments less executory costs, if any