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When a lessee has an operating lease and the payments required in the lease occur at the beginning of the lease period: O the balance
When a lessee has an operating lease and the payments required in the lease occur at the beginning of the lease period: O the balance in the right-of-use asset account will be equal to the balance in the lease liability account at the beginning of the second year of the lease. O the balance in the right-of-use asset account will be less than the balance in the lease liability account at the beginning of the second year of the lease. the balance in the right-of-use asset account can be either less than or greater than the balance in the lease liability account at the
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