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Calculator Accounting Differences Based on Type of Lease When a lessor records a sales-type lease: a. The net receivable is equal to the present value

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Calculator Accounting Differences Based on Type of Lease When a lessor records a sales-type lease: a. The net receivable is equal to the present value of the future lease payments to be received. b. The lessor recognizes a manufacturer's (dealer's) profit or loss. c. No sales revenue or expense is recognized. d. All of the choices are correct

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