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2.5 pts Which of the following is true about accounting for expenses for leases? Lessors record amortization income and interest income for operating but not
2.5 pts Which of the following is true about accounting for expenses for leases? Lessors record amortization income and interest income for operating but not sales teases Lessees record equal interest expense each period for operating leases and finance leases Lessors record interest expense for both operating and France leases Lessees record one tease expense for an operating tease and separate interest and amortization expenses for a finance lease Question 4 2.5 pts Which of the following is true regarding the accounting for signing a zero-interest bearing note? The firm signing the note records a debit to premium on notes payable The firm signing the note records a debit to discount on notes payable The firm sering the note records a credit to discount on notes payable The firm signing the note records a credit to premium on notes payable
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