The lessee should record lease g as

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Reference no: EM131197931

At its inception, the lease term of Lease G is 65% of the estimated remaining economic life of the leased property. This lease contains a bargain purchase option. The lessee should record Lease G as

a. Neither an asset nor a liability
b. An asset but not a liability
c. An expense
d. An asset and a liability

Reference no: EM131197931

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