When a lessee has a capital lease, the amount shown for the asset and the amount shown for the related liability are equal?

1 answer:

6 0

The transfers of the Ownership at end of lease Written option for exchange the purchase Ninety % of leased property FV < PV or lease payments Seventy-five % or more of asset economic life is being committed in lease term, Under IFRS, initial direct costs of the lease paid by the lessee are added up to the amount known as a finance lease asset that’s the reason why the amount of the lease asset and lease obligation to be different.

You might be interested in

What was the organization created by the kennedy administration to aid the economic and educational progress of developing count

Vladimir79 [104]

Foreign Assistance Act was the organization created by the Kennedy administration to aid the economic and educational progress of developing countries.

<h3>What was Foreign Assistance Act?</h3>

The Foreign Assistance Act can be regarded as an act that was structured to offer foreign assistance programs as well as distinguishing between military from non-military aid.

The foreign aid or assistance can come inform of any type of assistance that is been voluntarily transferred from one country to another country and this can be in form of a gift as well as grant, or loan.

In some cases foreign aid can be inform of capital, as well as food supplies, and services and it can also be categorized as humanitarian aid and military assistance.

Some of the common foreign aid or assistance are;

Multilateral Aid.
Military Aid.
Project Aid.
humanitarian aid
Tied Aid.
Bilateral aid

Hence, Foreign Assistance Act was the organization created by the Kennedy administration to aid the economic and educational progress of developing countries.

Learn more about Foreign Assistance Act at:

brainly.com/question/24553900

#SPJ1

7 0

2 years ago

To motivate employees, several major department stores are experimenting with incentive compensation plans, although compensatio

Evgen [1.6K]

Stores can make sure their employees are being incentivized when what they do benefits the customer and the store as a whole. Their main goal is to serve the customer because a happy customer comes back and refers their fiends. The employees can be rewarded on referral base actions, feedback cards and other ways that show management they are being honest and truthful to the customer.

3 0

3 years ago

Explain how<br> Globalization<br>can impact a labor market.

Romashka-Z-Leto [24]

It’s clearly contributing to increased integration of labor markets and closing the wage gap between workers in advanced and developing economies, especially through the spread of technology. It also plays a part in increasing domestic & income inequality ^^

3 0

3 years ago

Providing incentives for enterprise social network adoption and use is under the ________ best practice.

V125BC [204]

Providing incentives for enterprise social network adoption and use is under the strategy best practice.

<h3>What is enterprise social network?</h3>

Enterprise social networking refers to an organization's use of social media (internally and externally), to connect individuals who share similar business ideas.

Examples of enterprise social network include:

IBM's Connections
Cisco's Webex Social

Hence, providing incentives for enterprise social network adoption and use is under the strategy best practice.

Learn more about enterprise social network here brainly.com/question/20115584

6 0

2 years ago

The Gold Standard Act of 1900 ended the standard known as

iVinArrow [24]

The gold standard of the 1900 ended the system that is known as the practice of bimetallism.

The gold standard act of the year 1900 was signed by President McKinley. This made gold to be the singular basis for the redemption of paper money in the United States.

This signing by the president was what put halt to what was regarded as bimetallism. This was the system that also allowed the use of silver also for the sake of monetary purposes.

4 0

3 years ago