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In: Accounting

one of this week’s topics covered the accounting for leases on the consolidated financial statements. In...

one of this week’s topics covered the accounting for leases on the consolidated financial statements. In 200 words or more, discuss the issues that relate to the accounting for operating and capital leases. In your posting, please articulate issues that the accountant faces in recording such transactions and how they should be recorded on the financial statements of the company.

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