ACC 499 help A Guide to career/uophelp.com ACC 499 help A Guide to career/uophelp.com | Page 27

Question 3 When a lessee makes periodic cash payments for a capital lease, which of the following accounts is increased? Question 4 Executory costs Question 5 On January 1, Lessor Company incorrectly recorded a sales-type lease as an operating lease. As a result of this error, the reported amount for Lessor Company's property, plant, and equipment leased to others is Question 6 The lessee should classify a non-cancellable long-term lease as a capital lease if Question 7 When a lessor receives cash on an operating lease, which of the following accounts is increased? Question 8 Which of the following is not a required disclosure by a lessee of an operating lease? Question 9 Which of the following facts would require a lessee to classify a lease as a capital lease? Question 10