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GASB 87 vs ASC 842

With all the buzz around the new lease standards, differentiating between GASB 87 and ASC 842 leases doesn’t always come easy. LeaseQuery Technical Accounting Manager, Justin Shemaria, highlights five notable differences between GASB 87 and ASC 842.

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Lessor vs. Lessee: Differences, Accounting, & More Explained

Lessor vs. Lessee: Differences, Accounting, & More Explained

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