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justice1234 justice1234
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Posts: 95
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5 years ago
A journal entry is not required for either the lessor or lessee when an operating lease is initiated
unless there is an advance payment, such as a lease bonus or prepayment of rent in addition to the
periodic rents.
[True or False?]
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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hannahspilletthannahspillett
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Posts: 116
5 years ago
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