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In a lease that is recorded as a sales-type lease by the lessor, interest revenue Select one: a. Does not arise. b. Should be recognized
In a lease that is recorded as a sales-type lease by the lessor, interest revenue Select one: a. Does not arise. b. Should be recognized over the life of the lease by the effective interest method. c. Should be recognized over the life of the lease by the straight-line method. d. Should be recognized in full as revenue at the lease's inception.
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