For the Lessor, What Is Included in the Unearned Interest

question 101

Multiple Choice

For the lessor, what is included in the Unearned Interest Income account?

• A) the difference between the lease receivable and the fair value of the leased property
• B) the lease receivable plus the fair value of the leased property
• C) the difference between the lease receivable and the interest expected to be earned
• D) the lease receivable plus the interest expected to be earned

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