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  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis
  4. Exam
    Exam 4: The Balance Sheet and the Statement of Shareholders Equity
  5. Question
    A Leased Asset Under Capital Lease Is Disclosed on the Balance
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A Leased Asset Under Capital Lease Is Disclosed on the Balance

Question 19

Question 19

Multiple Choice

A leased asset under capital lease is disclosed on the balance sheet at its


A) present value
B) historical cost
C) current replacement cost
D) net realizable value

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