about lease agreement

Accounting
Tutor: None Selected Time limit: 1 Day

In a lease agreement, which of the following is a true statement? 

A. The lessor is the asset owner 

B. The lessee is the asset owner 

C. An operating lease is a long-term non-cancelable agreement 

D. A capital lease is where the lessor accepts all risks of ownership 

Jun 20th, 2015

Thank you for the opportunity to help you with your question!

A. The lessor is the asset owner

Please let me know if you need any clarification. I'm always happy to answer your questions.
Jun 20th, 2015

thanks :)

Jun 20th, 2015

You are most welcome

Jun 20th, 2015

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