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40. A lessor will record interest income if the lease to its lessee is classified as a. A capital lease b. An operating lease C.

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40. A lessor will record interest income if the lease to its lessee is classified as a. A capital lease b. An operating lease C. Either a capital or an operating lease. 31. The account "Retained Earnings" is a component of a. Assets b. Liabilities C. Owners' Equity d. Revenue

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