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    Exam 22: Accounting Corrections and Error Analysis
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    Refer to Superbyte Corporation
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Refer to Superbyte Corporation

Question 324

Question 324

Essay

Refer to Superbyte Corporation.
Laguna Madre Company would account for this lease as ________.
A)a capital lease
B)an operating lease
C)a sales-type lease
D)a direct financing lease

Correct Answer:

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