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Video Transcript Sneak Peek:
We're now going to talk about leases, accounting for leases. And leases is an area that tends to bother people as well because
leases and bonds have a lot of similarities in that they’re present value techniques, they’re dealing with amortization of things like
discounts, premiums, or in this case, a lease liability. What is a lease? A lease is where the lessor conveys the right and risk of
ownership to the lessee. It's kind of like...
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