25. Real estate leases can include land and/or buildings. Explain how the four criteria for determining lease

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25. Real estate leases can include land and/or buildings.

Explain how the four criteria for determining lease capitalization are applied to the following:

(a) Leases involving land only.

(b) Leases involving land and buildings.

(c) Leases involving buildings only.

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Intermediate Accounting

ISBN: 9780324013078

14th Edition

Authors: Fred Skousen, James Stice, Earl Kay Stice

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