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Home Q & A Board Other Fields Homework Help Business Accounting
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mzeplin mzeplin
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5 years ago
For a lease to exist, it must meet two criteria: ________.
A) (1) there must be an identified asset and (2) the lessee must have the right to control that asset over the lease term
B) (1) there must be an identified asset and (2) the lessor must have the right to control that asset over the lease term
C) (1) there must be a substitute alternative asset and (2) the lessee must have the right to control that asset over the lease term
D) (1) there must be a substitute alternative asset and (2) the lessor must have the right to control that asset over the lease term
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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byehoebyehoe
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5 years ago
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mzeplin Author
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#2
5 years ago
Oh god, I was lost before coming here. Thanksss
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#3
5 years ago
Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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