PFA Lessee Accounting

Question 1

PROBLEM 11-1

Answer 1

1. A
2. A
3. B
4. C

Question 2

PROBLEM 11-2

Answer 2

1. B
2. C
3. A
4. A

Question 3

PROBLEM 11-3

Answer 3

1. B
2. B
3. A

Question 4

PROBLEM 11-4

Answer 4

1. A
2. B

Question 5

PROBLEM 11-5

Answer 5

1. B
2. B

Question 6

PROBLEM 11-6

Answer 6

1. C
2. B

Question 7

PROBLEM 11-7

Answer 7

D

Question 8

PROBLEM 11-8

Answer 8

C