given the following entry how has lessee accounted for lease dr..., Accounting Skills (Securities, Derivatives and Investments), Finance And Accounting

Question:Given the following entry, how has the lessee accounted for the lease?

Dr: Interest Expense
Dr: Liability - Present value of lease obligation
Cr: Cash

A Sales type lease 
B Operating lease 
C Capital lease 
D None of these

/80

+ AnswerB

+ ExplanationAnswer not sure

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Question:Given the following entry, how has the lessee accounted for the lease? Dr: Interest Expense Dr: Liability - Present value of lease obligation Cr: Cash

A Sales type lease

B Operating lease

C Capital lease

D None of these

B