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Chapter 17: Accounting for Leases (Cambridge)

Horizontales
Owner who has rented out the use of their property, plant, or equipment for a period of time.
Asset account name recorded by lessee for present value of lease payments.
Periodic lease payments that vary because of changes in factors or circumstances after lease commencement date.
Additions to leased property that revert back to lessor at end of lease.
A payment for terminating a lease early by the lessee.
An agreement by lessor of property, plant, or equipment to allow use by lessee for a period of time in return for payments.
A _____ _____ guarantee provides assurance by the lessee to the lessor relative to the minimum value of an underlying asset at the end of the lease term.
For lessor, a lease type that meets one or more of the five lease classification criteria.
Verticales
Type of lease, other than finance, for lessee that is basically a rental agreement.
Type of lease that is twelve months or less and has no purchase option.
Items given by lessor to lessee to encourage them to sign a lease contract.
A lease provision in contract where lessee can buy leased property at a specified price.
Costs incurred to form/begin a lease.
For lessee, a lease type that meets one or more of the five lease classification criteria.
Periodic lease payments that are stable or change based upon a predetermined rate.
Renter who has a right to use property, plant, or equipment owned by the lessor for period of time.