54) Bonds for which the owners' names are NOT registered with the issuing corporation are called 55) Minimum lease payments may include a 56) What impact does a bargain purchase option have on the present value of the minimum lease payments computed by the lessee? 57) Which of the following is a correct statement of one of the capitalization criteria? 58) In order to properly record a direct-financing lease, the lessor needs to know how to calculate the lease receivable. The lease receivable in a direct-financing lease is best defined as 59) In the earlier years of a lease, from the lessee's perspective, the use of the 60) In a lease that is appropriately recorded as a direct-financing lease by the lessor, unearned income SET 3 1) Which of the following is NOT considered cash for financial reporting purposes? 2) What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet? 3) Which of the following items should NOT be included in the Cash caption on the balance sheet? 4) The advantage of relating a company's bad debt expense to its outstanding accounts receivable is that this approach 5) Which of the following is a generally accepted method of determining the amount of the adjustment to bad debt expense?
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