Tango Connect 2022

LEASE - Advanced Lease Accounting

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©2022 Tango CONFIDENTIAL - Not for publication or distribution Tango | RENT ESCALATION, EXPENSE AND ASSETS • When an asset has a different value than the liability, it usually represents expense taken in the past that is associated with cash paid in the future o Same relationship as you see in 840 • For a manual remeasurement, don't over expense • Adjust the asset for expense taken in the past that gets paid in the future 13

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