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  3. which of the following statement about finance lea

Which of the following statement about finance lease and operating lease for a lessee is...

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Accounting

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Which of the following statement about finance lease and operating lease for a lessee is TRUE? The amount of total expenses over the entire life the lewe is higher under a finance lease the under an operating lense Operating leave has the same amount of yearly expenses over the life of the lesse while finance lease has more expenses in the early life of lone. Lewee has to record right of endlease liability under a financese but not under an operating lease Under a finance lease, interest expense and amortization expense are reported under one single lease expense account while under an operating lease, these two are reported separately

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