Week 7: Lessee Accounting
Please define a finance lease for the lessee. What is the criteria to categorize a lease as a finance lease? Which financial statements are impacted upon the determination that a lease is a finance lease?
Week 7: Lessee Accounting
Please define a finance lease for the lessee. What is the criteria to categorize a lease as a finance lease? Which financial statements are impacted upon the determination that a lease is a finance lease?