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U Question 17 3 pts If the shortcut method is used for a short-term lease, interest expense is calculated using the effective interest method based

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U Question 17 3 pts If the shortcut method is used for a short-term lease, interest expense is calculated using the effective interest method based on the lessor's implicit rate the right-of-use asset is recorded for the present value of the lease payments. the straight-line method is used to amortize the asset. no lease payable is recorded

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