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The journal entries for Capital (ASPE) or Finance (IFRS) leases for the lessee include entries for all EXCEPT A interest paid on the lease. B

The journal entries for Capital (ASPE) or Finance (IFRS) leases for the lessee include entries for all EXCEPT

A interest paid on the lease.

B rent expense.

C depreciation of the asset.

D setting up the lease asset and liability.

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