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Which of the following about accounting for short-term lease is accurate? Group of answer choices Lessee capitalizes the short-term leased asset in the balance sheet
Which of the following about accounting for short-term lease is accurate?
Group of answer choices
Lessee capitalizes the short-term leased asset in the balance sheet at the inception of the lease.
Lessor does not remove the short-term leased asset from the balance sheet at the inception of the lease.
Lessee recognizes interest expense periodically.
Lessor recognizes interest revenue periodically.
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