A capital lease is a lease where by risks and benefits of ownership is in economic substance a purchase by the lessee and a sale or financing arrangement by the lessor.
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Q1: If the fair value of land is
Q4: An advantage of an operating lease is
Q6: If at any time the lessee and
Q7: Because the risks and benefits of ownership
Q8: Presentation of the lease on the lessor's
Q9: A required disclosure of a direct financing
Q20: If a lease qualifies as a capital
Q22: Which of the following correctly states a
Q62: A direct financing capital lease results in
Q72: A lessee reports noncash investing and financing
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