leases Flashcards by Anne Logan

Q

leasee

A

person leasing the item (equipment, machinery, real estate)

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

operating lease commencement

A

DR rou asset
CR lease liability

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

how to treat leasehold improvements

A

shorter of life or remaining lease life

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly