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Definition of initial direct cost

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Reference no: EM132670839

Question 1: Definition of initial direct cost.

Question 2: When a modification to a contract is reported as a separate contract (that is, separate from the original contract).

Question 3: The disclosures required in the notes to the financial statements for a lessor.

Question 4: The classification criteria for when a lessee classifies a lease as a finance and a lessor classifies a lease as a sales-type lease.

Reference no: EM132670839

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