Question: What were the headline changes under the new leasing standards? (check all that apply) Group of answer choices Requiring that finance leases now be recorded

What were the headline changes under the new leasing standards? (check all that apply)

Group of answer choices

Requiring that finance leases now be recorded on the balance sheet

Converging (making the same) the income statement treatment of lease expense for finance and operating leases

Recording the operating lease liability and associated asset on the balance sheet

Requiring operating lease expense be re-categorized into interest and depreciation components

Renaming Capital Lease to Finance Lease

Removing the operating leases from the balance sheet

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