Question : 181. U.S. GAAP and IFRS provide criteria for distinguishing operating leases : 1245823
181. U.S. GAAP and IFRS provide criteria for distinguishing operating leases from capital leases. Which of the following is not true? A. Under the capital, or finance, lease method, the lessor records the signing of a capital lease the same as if the lessor sold the leased asset for an installment note receivable. B. Under the capital, or finance, lease method, the lessee recognizes interest expense […]