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Jan 16, 2023
11:04:51am
Acorn All-American
For any of you implementing the new Lease FASB for 2022 financial statements.
Remind me - for 2021, because they are comparative balance sheets, do you just book the balance sheet only (no P/L, just straight to retained earnings)? and then for 2022, you book the 2022 expense only

or

do you just book all of the P/L impact in 2022 and the 2021 is just a footnote disclosure (otherwise you are doing a restatement).
Acorn
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Acorn
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