______ is used for hiring equipment and consumer durables. It can usually be terminated at the lessee’s discretion, and generally do not appear on the balance sheet. 注：英文答题。
举一反三
- Which accounts appear on which financial statement? Balance sheet Income statement
- If a company presents its balance sheet in a format that includes subtotals for current assets, current liabilities, noncurrent assets, and noncurrent liabilities, it is most likely presented:（） A: in an account format. B: as a classified balance sheet. C: as a functional balance sheet.
- Accounts payable appear on which of the following statements? ( ) A: Balance sheet. B: Income statement. C: Statement of owner's equity. D: Statement of cash flows.
- Government securities would appear on a commercial bank’s balance sheet as ______. A: an asset B: B. reserves C: C. part of net worth D: a liability
- The classification of assets and liabilities as current or long-term depends on （ ）. A: The relative liquidity of the item B: Whether they appear on the balance sheet or the income statement C: Their order of listing in the ledger D: The format of the balance sheet