Question: please use ASC topic 470 Debt please help Lease A or part of a contract, that conveys the the use of identified property, plant, or
Lease A or part of a contract, that conveys the the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for to control Lock-Box Arrangement An arrangement with a lender whereby the borrower's customers are required to remit payments directly to the lender and amounts received are applied to reduce the debt outstanding. A lock-box arrangement refers to any situation in which the does have the ability to avoid using to repay the amounts outstanding
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