From a lessors standpoint, a direct-financing lease does not meet any of the classification criteria of a

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From a lessor’s standpoint, a direct-financing lease does not meet any of the classification criteria of a sales-type lease but does meet both of the additional criteria. Describe these two additional criteria.

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Intermediate Accounting Reporting and Analysis

ISBN: 978-1337788281

3rd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Question Posted: Jul 15, 2019 10:30 AM

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From a lessors standpoint, a direct-financing lease does not meet any of the classification criteria of a

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The two additional criteria are the following 1 The present value of the sum of ...View the full answer

Intermediate Accounting Reporting and Analysis

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