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ACC 541 Week 2 DQ 1

ACC 541 Week 2 DQ 1
Price: $2.50
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Week 2 – DQ 1

What are the four criteria used for determining  if a lease is to be treated as a capital lease? (This question can be expanded to discuss the income statement and balance sheet implications of both a capital lease and an operating lease.)

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As a newly hired Staff I, you are responsible for analyzing the work papers for one of the clients of your organization. Your client is not clear about why you are asking for information on the following topics:

 

·         Adjusting lower cost of market inventory on valuation

·         Capitalizing interest on building construction

·         Recording gain or loss on asset disposal

·         Adjusting goodwill for impairment

Write a 1,050- to 1,400-word response that addresses your client’s questions.

Format your paper consistent with APA guidelines, including appropriate citations and references. Run your paper through WritePointSM and Plagiarism Checker.

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