if the lease in a sale-leaseback transactions meets one of the five lease tests and...
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if the lease in a saleleaseback transactions meets one of the five lease tests and is therefore accounted for as a finance lease, who records the asset on its books, and which party records interest expense during the lease period?If the lease in a saleleaseback transaction meets one of the five lease tests and is therefore accounted for as a finance lease, who records the asset on its books, and which party records interest expense during the lease period? Party recording the Party recording asset on its books interest expense Purchaserlessor Sellerlessee Purchaserlessor Purchaserlessor Sellerlessee Purchaserlessor Sellerlessee Sellerlessee 
if the lease in a saleleaseback transactions meets one of the five lease tests and is therefore accounted for as a finance lease, who records the asset on its books, and which party records interest expense during the lease period?If the lease in a saleleaseback transaction meets one of the five lease tests and is therefore accounted for as a finance lease,
who records the asset on its books, and which party records interest expense during the lease period?
Party recording the
Party recording
asset on its books
interest expense
Purchaserlessor Sellerlessee
Purchaserlessor Purchaserlessor
Sellerlessee Purchaserlessor
Sellerlessee Sellerlessee
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