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  3. Study Set
    Accounting Study Set 4
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    Exam 10: Long-Term Assets: Fixed and Intangible
  5. Question
    An Asset Leased Under an Operating Lease Will Appear on the Balance
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An Asset Leased Under an Operating Lease Will Appear on the Balance

Question 147

Question 147

True/False

An asset leased under an operating lease will appear on the balance sheet as a long-term asset.

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