How does the accounting for a capital lease differ from the accounting for an operating lease?

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Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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Question Posted: Sep 05, 2011 06:56 AM

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How does the accounting for a capital lease differ from the accounting for an operating lease?

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A capital lease is accounted for as if the lessee has purchased the asset ...View the full answer

Accounting

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