FAR – Leases

  • Creator
    Topic
  • #2146471
    Ralphie Dos Nachos
    Participant

    I know anything is fair game but would you guys say that generally, it’s more important to master this topic from the side of the Lessee?

    It just seems like too much in becker textbook to get down everything from both sides.

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    Replies
  • #2146876
    JR Battle
    Participant

    Greetings. I would say both sides of capital leases are fairly important to understand. I suggest you do all of the multiple choice for that chapter, even if you are guessing. The range of questions will give you a better idea of what is being tested, and the correct answers will tell you what you need to know. In general, you must know the basic journal entries and definitions for each tested topic. Go through the textbook examples a few times until it clicks. Hope this helps, good luck

    #2146903
    jeff
    Keymaster

    What's a capital lease? 😀

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