For an operating lease,the lessee,not the lessor,records the amortization expense on the leased asset.

Name: For an operating lease,the lessee,not the lessor,records the amortization expense on the leased asset.
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In an operating lease, the lessee does not record the leased asset on their balance sheet, and therefore, does not record amortization expense. The lessor retains ownership of the asset and may record depreciation expense.

For an Operating Lease,the Lessee,not the Lessor,records the Amortization Expense