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Posted on Sep 09, 2024

When a finance lease is first recorded at the beginning of the lease, the lessee debits: A.Rent expense B.Right-of-use asset C.Lease receivable D.Deferred revenue

When a finance lease is first recorded at the beginning of the lease, the lessee debits:

A.Rent expense

B.Right-of-use asset

C.Lease receivable

D.Deferred revenue

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