DE 10-3 A lessee (who is renting an asset such as a building) makes periodic lease payments

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DE 10-3 A lessee (who is renting an asset such as a building) makes periodic lease payments to the lessor (who owns the building). The lessee does not have a legal title to the building. Nevertheless, under certain conditions the lessee may account for the building as though the lessee owned an asset. How can a capital lease be fundamentally like an asset to the lessee?

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