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    Intermediate Accounting Study Set 2
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    Exam 15: Leases
  5. Question
    If the Lessor Records Deferred Rent Revenue at the Beginning
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If the Lessor Records Deferred Rent Revenue at the Beginning

Question 98

Question 98

Multiple Choice

If the lessor records deferred rent revenue at the beginning of a lease term, the lease must:


A) Be a financing lease.
B) Be a sales-type lease.
C) Contain a bargain renewal option.
D) Be an operating lease.

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