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For a sale-leaseback transaction for which the lease qualifies as a capital lease, the seller-lessee should account for any gain on the sale of the
For a sale-leaseback transaction for which the lease qualifies as a capital lease, the seller-lessee should account for any gain on the sale of the asset as a gain to be to be recognized immediately. to be deferred and amortized in proportion to the lease payments over the lease term. to be deferred and amortized in proportion to the amortization of the leased asset. to be recorded directly as an increase to Retained Earnings
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