When a company reports a non- cancellable lease with a term in excess of one year as

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When a company reports a non- cancellable lease with a term in excess of one year as an operating lease, off-balance sheet financing results. What information enables the user to analytically capitalize operating leases? Explain

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Nov 24, 2015 05:32 AM

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When a company reports a non- cancellable lease with a term in excess of one year as

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Both US GAAP and IFRS provide extensive lease disclosures that enable th...View the full answer

Intermediate Accounting

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