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    Intermediate Accounting Study Set 5
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    Exam 15: Leases
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    In This Situation,Reagan
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In This Situation,Reagan

Question 88

Question 88

Multiple Choice

In this situation,Reagan:


A) is the lessee in a sales-type lease.
B) is the lessee in a capital lease.
C) is the lessor in a capital lease.
D) is the lessor in a sales-type lease.

Correct Answer:

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