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A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the life of the asset or the term
A lessee with a finance lease containing a bargain purchase option should depreciate the leased asset over the
"life of the asset or the term of the lease, whichever is longer." | ||
term of the lease. | ||
period ending with the bargain purchase option date. | ||
asset's remaining economic life. |
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