Question
What is the journal entry if the lease is classified as an operating lease? Choose the correct answer A. Dr Operating lease income Cr Cash
What is the journal entry if the lease is classified as an operating lease? Choose the correct answer
A.
Dr Operating lease income
Cr Cash
B.
Dr Cash
Cr Unearned operating lease income
C.
Dr Cash
Cr Operating lease income
D.
Dr Unearned operating lease income
Cr Cash
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David E. Stout, Gary Cokins, Kung Chen
4th Edition
0073128155, 978-0073128153
