Lease payment is expensed aka tax deductible

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Reference no: EM131072834

If an operating lease meets the IRS requirements of being a guideline or tax-oriented lease , which of the following is true?

A- the entire lease payment is expensed "aka tax deductible"

B- the lessor books the depreciation

C- only the portion of the lease payment equitable to interests is expense "aka tax deductible"

D-the lessee books the depreciation

E- A and B

F- C and D

Reference no: EM131072834

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