Project #161950 - Government and Non-Profit Accounting

Business Tutors

Subject Business
Due By (Pacific Time) 01/05/2017 09:00 am

If, under GAAP, capital leases are considered long-term obligations, why, in many jurisdictions, are they not subject to debt limitations?

 

In APA format and two references cited.

 

This is a discussion item so it does not need to be a long response.

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