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MB-310 · Question #382

Drag and Drop Question A company uses Dynamics 365 Finance. The company adheres to United States Generally Accepted Accounting Principles (US GAAP). You need to create a lease liability amortization t

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Manage fixed assets

Question

Drag and Drop Question A company uses Dynamics 365 Finance. The company adheres to United States Generally Accepted Accounting Principles (US GAAP). You need to create a lease liability amortization transaction for an operating lease. How should you complete the transaction? To answer, move the appropriate main accounts to the correct accounting transaction types. You may use each main account once, more than once, or not at all. You may need to move the split bar between panes or scroll to view content. NOTE: Each correct selection is worth one point. Answer:

Exhibit

MB-310 question #382 exhibit

Answer Area

Drag items

Lease expenseVendor liabilityRight-of-use assetOperating lease liability

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Topics

#asset leasing#operating lease#lease amortization#US GAAP
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