THE CORRECT ANSWER IS D. PLS EXPLAIN 18. Which of the following is correct?...
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Accounting
THE CORRECT ANSWER IS D. PLS EXPLAIN
18. Which of the following is correct? A. An operating lease can be desirable because it allows lessee to record assets on its balance sheet without having to B. Because of the inherent risk involved in using another entity's property for an extended period of time, lessec C. If any difference exists between the D. Guaranteed residual value, penalty for failure to renew/extend the lease, rental payments, and bargain-purchase record liabilities. must make up the difference if lessor is unable to sell the asset at its unguaranteed residual value. price offered in the lease agreement, lessee must record a capital lease. option are all examples of minimum lease payments expected fair market valuc of the asset at the end of the lease and the purchas
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