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Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term. bargain purchase option
a. Deducted in lessor's computation Of rental payments.
b. Lease payable
c. PV of lease payments plus PV of residual value.
d. Total of periodic lease payments and any residual value.
e. Sum of lease payments.
1. Gross investment
2. Lessee's lease payments
3. Lessor's net investment
4. PV of bargain purchase option price
5. PV of lease payments
Answers: 2
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Listed below are five terms followed by a list of phrases that describe or characterize each of the...
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