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Serga [27]
3 years ago
6

What are the current practice in accounting for leases?

Physics
1 answer:
Ivan3 years ago
5 0

By capitalizing an operating lease, a financial analyst is essentially treating the lease as debt. Both the lease and the asset acquired under the lease will appear on the balance sheet. The firm must adjust depreciation expenses to account for the asset and interest expenses to account for the debt.

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Option A

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