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Home Q & A Board Other Fields Homework Help Business Accounting
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matarata matarata
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5 years ago
The ________ date is when the lease agreement is signed. The ________ is the date on which the lessee is allowed to begin using the leased asset.
A) lease inception; lease commencement
B) lease consideration; lease commencement
C) lease inception; lease finalization
D) both A and B are correct
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
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batesmegan1995batesmegan1995
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matarata Author
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#2
5 years ago
Good timing, thanks!
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