Office equipment recorded under a capital lease containing a bargain purchase option should be amortized under SFAS No.13
A) Over the period of the lease using the interest method of amortization
B) Over the period of the lease using the straight-line method of amortization
C) In a manner consistent with the lessee's normal depreciation policy for owned assets
D) In a manner consistent with the lessee's normal depreciation policy for owned assets except that the period of amortization should be the lease term
Correct Answer:
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