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When Giving the Meaning of the Word,you Usually Begin with The

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When giving the meaning of the word,you usually begin with the:


Definitions:

Rental Revenue

Income received from leasing out properties or equipment to others.

Capital Lease

A lease agreement considered similar to a purchase of the leased asset, showing both an asset and a liability on the lessee's balance sheet.

Contingent Rentals

Rental payments that are not fixed or determined upfront but depend on the occurrence of a future event or condition.

Accumulated Amortization

The total amount of amortization expense that has been applied to a fixed asset since its purchase.

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