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Describe the lessor accounting for direct-financing leases

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Question 1: Explain the nature, economic substance, and advantages of lease transactions.

Question 2: Describe the accounting criteria and procedures for capitalizing leases by the lessee.

Question 3: Differentiate the operating and capitalization of recording leases.

Question 4: Explain the advantages and economics of leasing to lessors and identify the classifications of leases for the lessor.

Question 5: Describe the lessor's accounting for direct-financing leases

Reference no: EM132842580

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