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Advance payments made by the lessee on an operating lease are considered to be: Multiple Choice Lease expense. Amortization of the right-of-use asset. Deferred revenue

Advance payments made by the lessee on an operating lease are considered to be:

Multiple Choice

Lease expense.

Amortization of the right-of-use asset.

Deferred revenue to the lessor.

A prepayment of interest expense.

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