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Crystal Corporation makes $3,000 payments every month for leasing office equipment. Crystal recorded a lease payment as follows: Lease payable Interest expense Cash Amortization expense

Crystal Corporation makes $3,000 payments every month for leasing office equipment. Crystal recorded a lease payment as follows: Lease payable Interest expense Cash Amortization expense Right-of-use asset 1,800 1,200 3,000 1,800 1,800 Crystal must have a(n): Multiple Choice Sales-type lease without selling profit. Finance lease. Leveraged lease. Operating lease

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