I need 2 page notes only to take this notes into class essay under this question : In-class essay: accounting for leases • Students should research and study the following in order to be well prepared: – What is a lease according to accounting standards? – How do we account for leases under AASB117 – How do we account for leases under AASB 16 – What are the main differences between the standards? – Why was AASB 117 replaced? – What are operating leases and finance leases? – What is meant by ‘off-balance sheet’ (ie, DO not assume it means operating leases are not recorded)? – What are the impacts on financial information as a result of the changes to accounting for leases? – At least one example of a company who leases and how this might impact them. Also, I need 2 references (journal articles).