Matt co. is the lessor in connection with an operating lease. matt co. would record:

1 answer:

6 0

Matt co. is the lessor in connection with an operating lease. matt co. would record a depreciation expense. The lessor records it as a depceciation expense becuase they are using a stright-line lease as a source of revenue. As the operation lease declines, it will keep showing as a depreciation on their balance sheets.

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brainly.com/question/1550074

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