A required disclosure of a direct financing lease is that the cost and carrying amount, if different, of property on lease or held for leasing by major classes of property and the amount of the total accumulated depreciation must be disclosed in the company's financial statements.

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The Answer of A required disclosure of a direct financing lease is that the cost and carrying amount, if different, of property on lease or held for leasing by major classes of property and the amount of the total accumulated depreciation must be disclosed in the company's financial statements.

A Required Disclosure of a Direct Financing Lease Is That