Question: 43. Lessors should show assets that are out on operating leases and income therefrom as which of the following? a. The assets should be kept

43. Lessors should show assets that are out on operating leases and income therefrom as which of the following? a. The assets should be kept off statement of financial position and the lease income should go to reserves. b. The assets should be kept off the statement of financial position and the lease income should go to the income statement. c. The assets should be shown in the statement of financial position according to its nature and the lease income should go to reserves. d. The assets should be shown in the statement of financial position according to its nature and the lease income should go to the income statement

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