1Lessees do not recognize an asset under operating leases because lease accounting does not treat...
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Accounting
1Lessees do not recognize an asset under operating leases because lease accounting does not treat the asset as being purchased.
True
False
2. Lessors record interest revenue for operating leases.
True
False
3. Cash interest paid varies each period when a bond is issued at a premium or a discount.
True
False
4Interest expense increases over the life of the bond when a bond is issued at a discount.
True
False
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