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    Intermediate Accounting Study Set 2
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    Exam 15: Leases
  5. Question
    Barr Corp Is the Lessee in a Finance Lease
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Barr Corp Is the Lessee in a Finance Lease

Question 154

Question 154

Multiple Choice

Barr Corp. is the lessee in a finance lease. Barr would record:


A) Depreciation expense.
B) A right-of-use asset.
C) Lease expense.
D) Interest revenue.

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