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Agatha Corp. leases store space from Christie Company. Agatha agrees to pay $10,000 per month. In addition, if Agatha exceeds specified sales targets, it will pay additional monthly rent based on a percentage of those excess sales. The additional rent payments Multiple choice question. are estimated and used to calculate the lessee's lease liability and the lessor's receivable. are estimated and recorded as a separate lease liability and lease receivable for the lessee and lessor, respectively. have no effect on the lessee's lease liability and lessor's lease receivable.

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Agatha Corp. leases store space from Christie Company. Agatha agrees to pay $10,000 per month. In ad...

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