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A lease might specify that lease payments may be increased (or decreased) at some future time during the lease term depending on whether or not some specified event occurs such as revenues or profits exceeding some designated level. Under what circumstances are contingent rentals included or excluded from lease payments? If excluded, how are they recognized in income determination?

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Chapter 15 Solutions
Intermediate Accounting w/ Annual Report; Connect Access Card
Additional Business Textbook Solutions
Horngren's Cost Accounting: A Managerial Emphasis (16th Edition)
Essentials of Corporate Finance (Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Marketing: An Introduction (13th Edition)
Corporate Finance (4th Edition) (Pearson Series in Finance) - Standalone book
Intermediate Accounting (2nd Edition)
Horngren's Accounting (12th Edition)
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