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Question 4 The following list of items relates to lease accounting: Alesso has a finance type loase. Minimum lease payments associated with that lease would
Question 4 The following list of items relates to lease accounting: Alesso has a finance type loase. Minimum lease payments associated with that lease would include item 1 Annual lease payments IL Bargain purchase option 11. Guaranteed residual value IV Unguaranteed residual valov O a I and II only b. I, II, III only Oc. III, and IV only Od. I. II. III, and IV Question 5 The journal entry that you record on the grant date under the stock option plan: a. Dr. Compensation Expense Cr. paid in capital- stock option a b. Dr. paid in capital- stock option Cr. Compensation Expense O c. No Journal Entry required O d. Dr. Paid in capital - stock options Cr. paid in capital in excess of par
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