Show how a lessee reports on the balance sheet any leased equipment and the related lease liability

Question:

Show how a lessee reports on the any leased equipment and the related lease liability under a capital lease.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...