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Business, 21.06.2021 16:50 4300402428

Access the FASB’s Codification Research System at the FASB website (www. fasb. org). Determine the specific citation for accounting for each of the following items:1. Definition of initial direct costs. 2. When a modification to a contract is reported as a separate contract (that is, separate from the original contract).
3. The disclosures required in the notes to the financial statements for a lessor.
4. The classification criteria for when a lessee classifies a lease as a finance lease and a lessor classifies a lease as a sales-type lease.

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Access the FASB’s Codification Research System at the FASB website (www. fasb. org). Determine the s...

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