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A lessor classifies a lease as an operating lease. The lessor therefore q Recognizes rental income on a straight-line basis. q No longer recognizes depreciation
A lessor classifies a lease as an operating lease. The lessor therefore q Recognizes rental income on a straight-line basis. q No longer recognizes depreciation on the leased property. q Expenses initial direct costs at the commencement date. Derecognizes the leased property. K
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Essentials Of Real Estate Finance
Authors: Doris Barrell
15th Edition
1475462077, 978-1475462074
