[CPAHOPE]

Why does the lessor receive the asset back from the lessee at the end of the lease term? Since it is a sales type lease i thought the lessor would be selling the asset to the lessee at the beginning of the lease term and not getting it back

[Silent]

It's not physical sale but instead how accounting is accounted. No matter what you call the lease, it's is still a lease

[Author]

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