Question
Refer to finance lease and operating lease accounting procedure: What are the similarities in accounting for a lease contract as a finance lease versus as
Refer to finance lease and operating lease accounting procedure:
What are the similarities in accounting for a lease contract as a finance lease versus as an operating lease? What are the differences?
How would they impact current financial statements? How about future financial statements?
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Financial Accounting
Authors: Carl Warren, James M. Reeve, Philip E. Fess
8th Edition
0324025394, 978-0324025392
