question archive DQ1) What are the four criteria used for determining if a lease is to be treated as a capital lease? (This question can be expanded to discuss the income statement and balance sheet implications of both a capital lease and an operating lease

DQ1) What are the four criteria used for determining if a lease is to be treated as a capital lease? (This question can be expanded to discuss the income statement and balance sheet implications of both a capital lease and an operating lease

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DQ1) What are the four criteria used for determining if a lease is to be treated as a capital lease? (This question can be expanded to discuss the income statement and balance sheet implications of both a capital lease and an operating lease.)

DQ2) Under current GAAP, goodwill is recorded when purchased.

Debate: Present arguments in favor or against the capitalization of "purchased" goodwill. You may consider tying your arguments to theories of capital maintenance and/or the Conceptual Framework.

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