The lessee should amortize the capitalizable cost of the leased asset in a manner consistent with the lessee’s normal depreciation policy for owned assets for leases that
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Contain a bargain purchase option |
Transfer ownership of the property to the lessee by the end of the lease term |
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a. |
No |
No |
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b. |
No |
Yes |
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c. |
Yes |
Yes |
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d. |
Yes |
No |