Accounting for Leases: Depreciation and Bargain Purchase. CPA exam

[@melodyliang5183]

Professor Farhat, if the payment is due on Jan 1st (or beginning of the year), shouldn't this be annuity due? Why we use ordinary annuity for BPO computation?

[@emilylai9854]

Same question.. Difficult to know when use ordinary annuity or annuity due