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Depreciation expense will be recorded in the accounts of the lessee and lessor for which type of leases? Lessee Lessor I. operating direct financing II.

Depreciation expense will be recorded in the accounts of the lessee and lessor for which type of leases?

	Lessee	Lessor
I.	operating	direct financing
II.	capital	operating
III.	operating	operating
IV.	capital	sales-type

III

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