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    Intermediate Accounting Study Set 7
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    Exam 18: Extension: Ol Accounting for Leases Current Standard
  5. Question
    The Lessee Depreciates Leasehold Improvements Over the Life of the Improvements
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The Lessee Depreciates Leasehold Improvements Over the Life of the Improvements

Question 48

Question 48

True/False

The lessee depreciates leasehold improvements over the life of the improvements or the life of the lease, whichever is longer.

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