Lessee and Lessor Accounting
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CPE PowerPass Users
Overview:
What you need to know about the lessee and lessor accounting models This course explains the lessee accounting model, includingThis course also explains the lessor accounting model, including
Included in this course are detailed and illustrated examples with amortization tables and journal entries.
Objectives:
- Recognize lessee accounting requirements for operating leases and finance leases under FASB ASC 842.
- Recognize lessor accounting requirements for sales type, direct financing, and operating leases under FASB ASC 842.