All leases that do not qualify as direct financing or sales-type leases are classified and accounted for by the lessors as capital leases.
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Q6: The lessee records a capital lease as
Q7: When the lessor accounts for minimum lease
Q8: A lessee would treat guaranteed residual value
Q9: One of the major distinctions between an
Q10: A lessor must be a manufacturer or
Q12: The interest revenue related to a lease
Q13: Companies that use sales-type leases recognize income
Q14: During the term of the lease, assets
Q15: Lease disclosure requirements on the part of
Q16: While only certain leases are currently accounted
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