Question
the amount to be recorded as the cost of an asset under finance lease is equal to the carrying value of the asset on the
the amount to be recorded as the cost of an asset under finance lease is equal to the carrying value of the asset on the lessors books. present value of the lease payments plus the present value of any unguaranteed residual value. present value of the lease payments. present value of the lease payments or the fair value of the asset, whichever is lower.
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan Wolcott
1st Edition
0471205494, 978-0471205494
