A lessee with a finance lease in which ownership of the asset transfers to the...
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Accounting
A lessee with a finance lease in which ownership of the asset transfers to the lessee at the end of the lease should amortize the leased asset over the:
| asset's remaining useful life. | ||
| term of the lease. | ||
| life of the asset or the term of the lease, whichever is shorter. | ||
| life of the asset or the term of the lease, whichever is longer. |
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