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    Business
  3. Study Set
    Accounting
  4. Exam
    Exam 10: Fixed Assets and Intangible Assets
  5. Question
    A Capital Lease Is Accounted for as If the Asset
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A Capital Lease Is Accounted for as If the Asset

Question 71

Question 71

True/False

A capital lease is accounted for as if the asset has been purchased.

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