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  3. Study Set
    Principles of Accounting
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    Exam 13: Long Term Liabilities
  5. Question
    Under an Operating Lease, Each Monthly Payment Is Debited by the Lessee
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Under an Operating Lease, Each Monthly Payment Is Debited by the Lessee

Question 116

Question 116

True/False

Under an operating lease, each monthly payment is debited by the lessee to Rent Expense.

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