What is the basic difference between the accounting procedures used by a lessor for a sales-type lease

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What is the basic difference between the accounting procedures used by a lessor for a sales-type lease and those used for a direct financing lease?

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Question Posted: Mar 10, 2012 06:48 AM

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From the standpoint of the lessor, a sales-type lease must meet one or more of the criteria of a capital lease as well as two additional criteria. Name these two additional criteria.
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What is the basic difference between the accounting procedures used by a lessor for a sales-type lease

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Intermediate Accounting

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