Question: Question Content Area How will a 2 0 - year lease obligation appear on the lessee's statement of financial position? a . as a long

Question Content Area
How will a 20-year lease obligation appear on the lessee's statement of financial position?
a. as a long-term liability, only if a finance lease
b. as a long-term asset for an operating lease
c. as a long-term liability for any lease, operating or finance
d. as a long-term liability, only if an operating lease

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