Lease A does not contain a bargain purchase option, but the lease term is equal to 90% of the estimated economic life of the leased property.Lease B does not transfer ownership of the property to the lessee by the end of the lease term, but the lease term is equal to 85% of the estimated economic life of the leased property.Using ASPE criteria, how should the lessee classify these leases? 
Correct Answer:
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Q1: What is NOT a key variable considered
Q6: Why has accounting for leases been controversial?
A)
Q7: Which of the following is a correct
Q11: When a lessee is accounting for a
Q14: In calculating the present value of the
Q15: In Canada, lessors are usually these following
Q17: Executory costs include
A) maintenance, interest and property
Q20: The journal entries for Capital (ASPE) or
Q24: The lease liability under IFRS 16 is
Q40: Which item is NOT included in amount
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