Lessees generally depreciate leased assets over the lease term unless the lease includes a transfer of ownership or a bargain purchase option.

Name: Lessees generally depreciate leased assets over the lease term unless the lease includes a transfer of ownership or a bargain purchase option.
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Lessees typically depreciate leased assets over the lease term unless ownership is transferred or a bargain purchase option exists, in which case the asset is depreciated over its useful life.

Lessees Generally Depreciate Leased Assets Over the Lease Term Unless