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Question: 2 pts 22 of25 (16 complele) at are the criteria for a lessee to report a finance lease? use capital lease treatment, any one
Question: 2 pts 22 of25 (16 complele) at are the criteria for a lessee to report a finance lease? use capital lease treatment, any one of the Group 1 conditions must be met. These include:(Select all that apply) A. The lease transfers ownership of the property to the lessee at the end of the lease erm. B. The interest expense and depreciation expense are recorded by the lessor. C. The lease term is a major part of the economic life of the asset. D. The lessee is given an option to purchase the asset that is reasonably certain to be exercised. E. The present value of the sum of the lease payments and any residual value guaranteed by the lessee, that is not otherwise included in the lease F. The lease contract provides probable future economic benefits controlled by the lesor
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