Question
For a finance lease, the amount recorded initially by the lessee as a liability will most likely : a. equal the total of the minimum
For a finance lease, the amount recorded initially by the lessee as a liability will most likely:
| a. | equal the total of the minimum lease payments. | |
| b. | equal the present value of the minimum lease payments at the beginning of the lease. | |
| c. | be less than the fair value of the leased asset. |
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Derivatives And Internal Models
Authors: Hans Peter Deutsch, Mark W. Beinker
5th Edition
3030229017, 9783030229016
