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1a lease might specify that lease payments may be increased

1.A lease might specify that lease payments may be increased (or decreased) at some future time during the lease term depending on whether or not some specified event occurs such as revenues or profits exceeding some designated level. In such situations, what is the amount a lessee should use to measure its right of use asset and lease liability?

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Accounting Basics: 1a lease might specify that lease payments may be increased

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Accounting Basics: 1a lease might specify that lease payments may be increased

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