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    What will my initial journal entry look like?

    This document will reviews what is required to transition to the new lease standard and shows sample journal entries

    Included:

    • Steps to implement the new lease accounting standard
      • Practical Expedients
      • Lease Liability
      • Right of Use (ROU) Asset
      • Book It!
      • Is Equity Affected? 
    • Sample Journal Entries
      • Office Space Operating Lease
      • Equipment Finance Lease

    Click here: Transitioning to the New Lease Standard with Sample Journal Entries

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