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Read about ASC 842 & other lease accounting topics
Read about ASC 842 & other lease accounting topics
When you have a lease agreement, lessees and lessors usually decide upon dates for when payments...
When it comes to fixed and variable lease payments, ASC 842 can make things a little sticky. There...
Getting paid ahead of time or paying in advance is always a perk.
Deferred and accrued rent are somewhat related in that they both have to do with some element of...
Single net, double net, modified gross, oh my!
What Exactly is the Cumulative Effect Adjustment? The cumulative effect adjustment is an adjustment...
What is the Statement of Cash Flows for 842? The statement of cash flows provides key information...
What are ASC 842 Month-to-Month Leases? What is the Term of a Month-to-Month Lease? Accounting for...
GASB 87 and GASB 96 are similar, yet very different. Both share the characteristic of further...
First things first: Let’s set some definitions straight, because straight-line expense is different...
A sale and leaseback agreement is a transaction where the seller of an asset becomes the lessee and...
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