office licenses

Write an Accounting Issues Memo to address whether the office licenses in these two scenarios are considered a lease for BEST.

ACCOUNTING ISSUES MEMO Your company, Best Accounting CPA (BEST), is considering getting office space for its expanding public accounting business. We Work (WW), offers multiyear licenses to use luxury office space in the heart of the Chicago Business District. The luxury licenses to customers include an 8 year licenses, or for a 10 year, “life […]

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