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In a finance lease, the lessee would record the right of use asset and lease payable at the: A) The future value of the minimum
In a finance lease, the lessee would record the right of use asset and lease payable at the: A) The future value of the minimum lease payments. B) The sum of the cash payments over the term of the lease. C) Present value of the minimum lease payments. D) The fair market value of the leased asset.
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