If the Lessee Makes the Following Entry $\begin{array} { l } \text {Dr. Amortization expense (SE) }&xx\\ \text { Cr. Accumulated amortization (XA) }&&xx\\\end{array}$

Multiple Choice

If the lessee makes the following entry: $\begin{array} { l } \text {Dr. Amortization expense (SE) }&xx\\ \text { Cr. Accumulated amortization (XA) }&&xx\\\end{array}$

What type of lease do they have?

A) Commercial lease
B) Finance lease
C) Operating lease
D) Sales-type lease