IntermediateAccountingSeventeenth EditionKieso; Weygandt; WarfieldChapter 21Accounting for Leases Learning ObjectivesAfter studying this chapter, you should be able to:1.Describe the environment related to leasing transactions.2.Explain the accounting for finance leases.3.Explain the accounting for operating leases.4.Discuss the accounting and reporting for special features of lease arrangements.
2 Preview of Chapter 21 (1 of 3)Accounting for LeasesThe Leasing Environment•Lessees•Lessee lease advantages•Lessors•Lessor lease advantages•Conceptual nature of a lease•Finance and operating leases•Lease classification3 Preview of Chapter 21 (2 of 3)Finance Leases•Lessee accounting and finance lease example•Lessor accounting•Sales-type lease exampleOperating Leases•Lessee accounting•Lessor accounting4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller kristysalazar. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.49. You're not tied to anything after your purchase.