Under which lease we book leased asset or liability? A-Operating Lease B-Finance Lease C-None of Above

Question added by Muhammad Fiaz , GROUP MANAGER ACCOUNTS, FINANCE AND TAX , SMPL Group of Companies
Date Posted: 2014/06/20

Upvote (2) Views (3) Followers (4) Answers (2) Report Question

by Muhammad Fiaz , GROUP MANAGER ACCOUNTS, FINANCE AND TAX , SMPL Group of Companies

Finance Lease

by mohammed ismail , Group Accounting Manager , AMS Holding Group

classification of leases.

Financing a long-lived asset with short-term financing would be?
Top Answer: an example of "high risk -- high (potential) profitability" asset financing. See More

Answers (16)
Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency?
Top Answer: >>>>>>>>>>> Reducing current assets, increasing current liabilities, and ... See More

Answers (8)
Total assets - Liabilities is equal to?
Top Answer: The Correct option is3) Share Capital + Reserves See More

Answers (10)
What is the distinguish between an operating lease and a capital lease?
Top Answer: An operating lease is treated like renting ... Payments are considered operational expenses and the asset ... See More

Answers (1)

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