Matt Co.is the lessor in connection with a Type B lease.Under the new ASU,Matt Co.would record:
A)Depreciation expense.
B)A right-of-use asset.
C)Amortization expense.
D)Interest revenue.

Question

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The Answer of Matt Co.is the lessor in connection with a Type B lease.Under the new ASU,Matt Co.would record:
A)Depreciation expense.
B)A right-of-use asset.
C)Amortization expense.
D)Interest revenue.

Matt CoIs the Lessor in Connection with a Type B Lease