Listed below are five terms followed by a list of phrases that describe or characterize...
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Accounting
Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
Phrase:
1 - Report as asset
2 -Based on term of lease for a finance lease
3 - calculated effective rate times balance
4 - Lessor's rate of return
5 - Calculated as lease payments plus residual value
Term
- amortization on right-of-use-asset -
Discount rate
- interest expense
-leasehold improvements
-lessor's gross investment
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