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please help with both The amount of interest expense reported by the lessee is always equal to the amount of interest revenue reported by the
please help with both
The amount of interest expense reported by the lessee is always equal to the amount of interest revenue reported by the lessor. True False Question 12 1 pts A selling profit is reported in the income statement when it occurs at the inception of the lease when the lease is classified as a direct financing lease. True False Step by Step Solution
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