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Which of the following is true related to lease modification accounting? O a. Depending on the circumstances, a lease that has been modified may be
Which of the following is true related to lease modification accounting? O a. Depending on the circumstances, a lease that has been modified may be accounted for as one combined lease of both the original and new lease terms and conditions. O b. Only the lessee must reconsider the classification and accounting of a lease that has been modified with the lessor. c. A lease modification that requires a lessor to revisit accounting may include the lessee changing its mind about rights contained in the original lease, such as extending a lease term. d. Changing the timing of the lease payments is not considered to be a lease modification. Which at the fobatwing is true polnted to lemse modification acoounting? a. Depending on the cireumatances, a leate that bav beon modified man be pocourted fur as one combined lease of both the orighal and new lense terms ond senahtins 1. Clanging the timirig of the lemis poymerti is not copsidered te is a bode modficution
Which of the following is true related to lease modification accounting? O a. Depending on the circumstances, a lease that has been modified may be accounted for as one combined lease of both the original and new lease terms and conditions. O b. Only the lessee must reconsider the classification and accounting of a lease that has been modified with the lessor. c. A lease modification that requires a lessor to revisit accounting may include the lessee changing its mind about rights contained in the original lease, such as extending a lease term. d. Changing the timing of the lease payments is not considered to be a lease modification.
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