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a) Describe significant similarities in the accounting for bond liabilities and finance lease liabilities. This must be done in complete sentences in proper English. b)

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a) Describe significant similarities in the accounting for bond liabilities and finance lease liabilities. This must be done in complete sentences in proper English. b) Explain the purpose behind the five criteria for determining whether a lease is a finance or an operating lease to a lessee. What is FASB's underlying goal behind these criteria

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