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1. Determine whether each of Auto's contracts with Atlantic for Sedan and Luxury Car contains an identified asses 2. Determine where each contract conveys the

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1. Determine whether each of Auto's contracts with Atlantic for Sedan and Luxury Car contains an identified asses 2. Determine where each contract conveys the right to control the use of the identified asset to the lessee. 3. How will the leases be reported in the financial statements

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