. The primary difference between a direct-financing lease and a sales-type lease is the amount of the depreciation recorded each year by the lessor. allocation of initial direct costs by the lessor to periods benefited by the lease arrangements. manner in which rental receipts are recorded as rental income. recognition of the manufacturer's or dealer's profit at the inception of the lease.

. The primary difference between a direct-financing lease and a sales-type lease is the amount of the depreciation recorded each year by the lessor. allocation of initial direct costs by the lessor to periods benefited by the lease arrangements. manner in which rental receipts are recorded as rental income. recognition of the manufacturer's or dealer's profit at the inception of the lease.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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