USA Capital Lease (sales tax)


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Needing confirmation:
Im capitalizing a lease regarding office furniture, the initial invoice doesnt include sales tax, however, our monthly lease payments include sales tax . Im assuming i need to capitalize the sales tax (which will increase the furniture asset value) using my own calculation even if sales tax wasnt included on the initial invoice, correct?
 
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kirby

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Are you following ASC 842 in calculating a right of use asset?
 

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