Running Head: MANAGEMENT BRIEF
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ACC 309: 5-1 Final Project Milestone Two
Southern New Hampshire University
June 5,2022
MANAGEMENT BRIEF
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According to U.S. , a GAAP capital lease refers to a lease that significantly transfers all the
risks and benefits of ownership the lessee from the lessor. economic sense, be to In an it can
considered a purchase transaction for the lessee and a sale for the lessor (Kieso et al., 2019). In
simple words, serves agreement which it as an in the lessee acquired an at asset the end. lease’s In