Ordinary annuity lease would have what effect on the 1116
A capital lease begins on 1/1/16. Failure to record the 1/1/16 lessor entries for a direct financing, ordinary annuity lease would have what effect on the 1/1/16 lessor Total Assets and Total Equity, respectively?
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a capital lease begins on 1116 failure to record the 1116 lessor entries for a direct financing ordinary annuity lease
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