Business, 03.12.2021 19:50 hit89

If a sales-type lease results in A. the lessor reporting a loss, the lessor will derecognize the asset but will defer recognition of the loss until the lease payments equal to the historical cost of the asset have been received. B. the lessor will not derecognize the asset and will record lease revenue for payments received from the lessee until the loss is absorbed. C. the lessor recognizes sales revenue and cost of goods sold. D. the lessor will derecognize the asset but will defer recognition of the loss until the lease payments equal to the fair value of the asset have been received.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 04:10

Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforce in a nightly batch. us wants to add automation that can attempt to match leads and contacts to these orders using the email address field on the insert. us is concerned about the performance of the automation with a large data volume. which tool should uc use to automate this process?

Answers: 1

Answer

Business, 22.06.2019 09:30

Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?

Answers: 2

Answer

Business, 22.06.2019 15:20

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?

Answers: 2

Answer

Business, 22.06.2019 16:50

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

Answers: 2

Answer

You know the right answer?

If a sales-type lease results in A. the lessor reporting a loss, the lessor will derecognize the ass...

Questions