All of the following must be included on a company's balance sheet except:
A)capital leases
B)sale and leaseback agreements
C)leases less than 12 months long
D)leveraged leases

Name: All of the following must be included on a company's balance sheet except: A)capital leases B)sale and leaseback agreements C)leases less than 12 months long D)leveraged leases
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Question

Quizplus · Accepted Answer

Leases less than 12 months long do not need to be included on a company's balance sheet according to accounting standards.

All of the Following Must Be Included on a Company's