ACC 541 Week 3 DQ2

May 1st, 2015
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ACC 541 Week 3 DQ2

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ACC 541 Week 3 DQ2Doherty Company leased equipment from Lambert Company. The classification of the lease will impact both the balance sheet and income statement on both Doherty and Lambert.1. What criteria must be met by the lease in order that Doherty Company classify it as a capital leas

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