Which one of the following would cause a lease to be accounted for as a...
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Accounting
Which one of the following would cause a lease to be accounted for as a capitalType A lease? Select one: a The leased property is located on premises owned by the lessee. b The lease payments are greater than $ per month. c The lease contract is intended to provide the lessee with the use of the property over most of its useful life. d The value of the leased property is greater than of the net assets of the lessee.
Which one of the following would cause a lease to be accounted for as a capitalType A lease?
Select one:
a The leased property is located on premises owned by the lessee.
b The lease payments are greater than $ per month.
c The lease contract is intended to provide the lessee with the use of the property over most of its useful life.
d The value of the leased property is greater than of the net assets of the lessee.
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