微信扫一扫
实时资讯全掌握
| On June 30, year 1, Lang Co. sold equipment with an estimated useful life of eleven years and immediately leased it back for ten years. The equipment’s carrying amount was $450,000; the sale price was $430,000; and the present value of the lease payments, which is equal to the fair value of the equipment, was $465,000. In its June 30, year 1 balance sheet, what amount should Lang report as deferred loss?
A. $35,000 B. $20,000 C. $15,000 D. $0 |
暂无解析 |