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What is the journal entry if the lease is classified as an operating lease? Choose...

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Question

Accounting

What is the journal entry if the lease is classified as an operating lease? Choose the correct answer

A.

Dr Operating lease income

Cr Cash

B.

Dr Cash

Cr Unearned operating lease income

C.

Dr Cash

Cr Operating lease income

D.

Dr Unearned operating lease income

Cr Cash

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