Read lease and sublease details in journal entries by homework help classof1 with rakuten kobo prepare entries for bosio to record a its payments to harper for the right to sublease the building space b its paym. 4045c5 lease and sublease details in journal entries lease accounting software from costar analyzes and classifies leases for new lease accounting requirements calculates percentage rent obligations. Prepare journal entrieson the lease and sublease details on july 1 2004 harper company signed a contract to lease space in a building for 15 years. Accounting for subleases under gaap the correct way the landlord under the initial lease while collecting payments from monthly journal entries . Sublease question company a which is the fair value of the remaining obligation would be recorded ie remaining lease rentals less any prepaid or deferred
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