Name the institution which owned.an asset but allowed to be used by industrial concerns for a consideration called lease rent.
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Explanation:
Examples of Accounting for Operating Leases by a Lessee
- The lessee, A, signs an agreement with the lessor, B, to lease a building on Jan. ...
- The lease period (no renewal options) is 10 years.
- The annual lease payment, due on Dec. ...
- The lessee's incremental borrowing rate is 10%
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Answer:
Islamic finance production services and contracts the institution given to lease rent for industrial concerns
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