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    Intermediate Accounting Study Set 7
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    Exam 18: Extension: Ol Accounting for Leases Current Standard
  5. Question
    Initial Direct Costs Are Capitalized as Part of the Lease
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Initial Direct Costs Are Capitalized as Part of the Lease

Question 122

Question 122

Multiple Choice

Initial direct costs are capitalized as part of the lease receivable with ________.


A) a direct-finance lease
B) an operating lease
C) a sales-type lease
D) an installment lease

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