If the Lessor concludes a lease to be operating, what journal entry is needed? a. A journal entry to record rental expense for each lease payment made over the lease term. b. A journal entry to set up the ROU Asset and Lease Liability at lease inception. c. A journal entry to record rental income for each lease payment collected over the lease term. d. A journal entry to record interest income as lease payments are collected over the lease term. From the Lessor perspective, there will always be a capital (financing) lease. Select one: True False