A lease that transfers substantially all the risks and rewards incidental to ownership of underlying asset an

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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39

A lease that transfers substantially all the risks and rewards incidental to ownership of
an underlying asset* A
O lease
O operating lease
O finance lease
O optional lease
Transcribed Image Text:A lease that transfers substantially all the risks and rewards incidental to ownership of an underlying asset* A O lease O operating lease O finance lease O optional lease
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