Question: Select the best answer to complete the following statement: Although ASC 842 preserves the distinction between operating and finance leases, it has similar effect to

Select the best answer to complete the following statement: "Although ASC 842 preserves the distinction between operating and finance leases, it has similar effect to that of IFRS 16 by requiring lease Blank______ to be recorded for both operating and finance leases."Multiple choice question.current and future paymentsassets and liabilitiespayments and liabilitiesassets and payments

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