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    Financial Accounting Study Set 11
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    Exam 9: Long-Term Liabilities
  5. Question
    Because Operating Leases Require the Lessee to Make Rent Payments,a
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Because Operating Leases Require the Lessee to Make Rent Payments,a

Question 4

Question 4

True/False

Because operating leases require the lessee to make rent payments,a liability is created,and it must appear on the lessee's balance sheet.The lease is longer than one year.

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