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Home Q & A Board Other Fields Homework Help Business Accounting
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Jojo2you Jojo2you
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5 years ago
The market value of an asset to be leased exceeds the original cost of the asset. The lease will
contain a bargain purchase option. The collectability of lease payments is assured, and there are
no material cost uncertainties for the lessor. Therefore the lease will be accounted for by the
lessor as a
A) direct financing lease
B) operating lease
C) rental lease
D) sales type lease
E) unguaranteed lease
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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Kstan109Kstan109
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5 years ago
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Jojo2you Author
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#2
5 years ago
Thank you for responding so quickly, you're my hero
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