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  3. Study Set
    Intermediate Accounting Study Set 12
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    Exam 8: Leases
  5. Question
    Accounting for a Capital Lease by the Lessee
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Accounting for a Capital Lease by the Lessee

Question 13

Question 13

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Accounting for a capital lease by the lessee
Explain the procedures used by the lessee to account for a capital or finance lease.

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When the capital lease method is used, t...

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