MC 15.22 – Geron Co.
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Given the rights of use asset value and the interest rate… find the balance after two years.
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Given the rights of use asset value and the interest rate… find the balance after two years.
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Given the rights of use asset value, annual payments, and the interest rate… find the balance at the end of the year.
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Given the equipment cost, annual payments, and the interest rate… find the increase in earnings on the Income statement.
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Given the lease payment, cash payment, effective interest, decrease in balance, and outstanding value… find the amount recorded as annual amortization.
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Given that there’s a 10-year lease, annual payments, present value, borrowing rate, and implicit rate… find what should be the balance in lease liability on December 31st.
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Given the lease term, the first payment, equipment, lease payments, and the assumed interests rate… find the lease liability.
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Given the purchase price, the quarterly rental payments, lease term, economic life, Implicit interests rate, and the fair value of the asset… find the lease payable balance.
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Given the rights of use asset, the years for the lease, and the interest rate… find the rights of use after two years.
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Given the right of use asset, the years for the lease, and the interest rate… find the balance of rights of use asset.
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Given the lease payment, the discounted rate, and the annual payments… find the rights of use.
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