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In a lease that is appropriately recorded as a direct financing lease (ASPE) or finance lease (IFRS) by the lessor, the unearned interest income is
In a lease that is appropriately recorded as a direct financing lease (ASPE) or finance lease (IFRS) by the lessor, the unearned interest income is\ Question 6 options:\ \ A) \ \ taken into income at the end of the lease.\ \ B) \ \ amortized and taken into income over the lease term using the straight-line method.\ \ C) \ \ taken into income at the inception of the lease.\ \ D) \ \ amortized and taken into income over the lease term using the effective interest method.
In a lease that is appropriately recorded as a direct financing lease (ASPE) or finance lease (IFRS) by the lessor, the unearned interest income is\ Question 6 options:\ \ A) \ \ taken into income at the end of the lease.\ \ B) \ \ amortized and taken into income over the lease term using the straight-line method.\ \ C) \ \ taken into income at the inception of the lease.\ \ D) \ \ amortized and taken into income over the lease term using the effective interest method.
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