All categories

1 year ago

Content area a leased asset will appear on the balance sheet as a long-term asset. true false'

1 answer:

8 0

The given statement is false. The liability for a leased asset should be shown separately in the balance sheet as a current liability or a long-term liability as the case may be.

<h3>What is leased asset?</h3>

A Leased Asset exists as an asset leased by the owner to another party in return for money or any other favor. While leasing an asset, the owner penetrates into a contract permitting the other party the temporary use of an asset.

Long-term assets exist as investments in a company that will benefit the company for many years. Long-term assets can contain fixed assets such as a company's property, plant, and equipment, but can also contain intangible assets, which can't be physically touched such as long-term investments or a company's trademark.

Hence, The given statement is false. A leased asset will appear on the balance sheet as a long-term asset. Revising depreciation estimates involves the amounts of depreciation expenses recorded in past periods. Land acquired as speculation exists reported under Investments on the balance sheet. The liability for a leased asset should be shown separately in the balance sheet as a current liability or a long-term liability as the case may be.

To learn more about leased asset refer to:

brainly.com/question/17214724

#SPJ4

You might be interested in

What is gland? mention it's type

stealth61 [152]

Answer:

Gland is an organ that makes one or more substances, such as hormones, digestive juices, sweat, tears, saliva, or milk.

TYPES OF GLANDS :

ENDOCRINE glands release the substances directly into the bloodstream.

EXOCRINE glands release the substances into a duct or opening to the inside or outside of the body.

BRAINLIEST PLEASE

5 0

2 years ago

Read 2 more answers

Write a function: function solution(N); that, given a positive integer N, prints the consecutive numbers from 1 to N, each on a

koban [17]

Answer:

The program written in Python is as follows:

def solution(N):

concat = ""

for i in range(1,N+1):

if not(i%2 == 0 or i%3 ==0 or i%5 == 0):

print(str(i))

else:

if i%2 == 0:

concat= concat+"Codility"

if i%3 == 0:

concat= concat+"Testers"

if i%5 == 0:

concat= concat+"Coders"

print(concat)

concat = ""

N = int(input("Enter a positive integer: "))

solution(N)

Explanation:

This line declares the function

def solution(N):

This line initializes a variable named concat to an empty string

concat = ""

This line iterates from 1 to the input integer

for i in range(1,N+1):

This line checks if the current number of iteration is divisible by 2,3 or 5, if no, the number is printed

if not(i%2 == 0 or i%3 ==0 or i%5 == 0):

print(str(i))

If otherwise

else:

This lines checks if current number is divisible by 2; if yes the string "Codility" is concatenated to string concat

if i%2 == 0:

concat= concat+"Codility"

This lines checks if current number is divisible by 3; if yes the string "Testers" is concatenated to string concat

if i%3 == 0:

concat= concat+"Testers"

This lines checks if current number is divisible by 2; if yes the string "Coders" is concatenated to string concat

if i%5 == 0:

concat= concat+"Coders"

The concatenated string is printed using this line

print(concat)

This variable concat is intialized back to an empty string

concat = ""

The main method starts here

N = int(input("Enter a positive integer: "))

This line calls the defined function solution

solution(N)

6 0

3 years ago

The return value is a one-dimensional array that contains two elements. These two elements indicate the rows and column indices

erma4kov [3.2K]

Answer:

In Java:

import java.util.Scanner;

import java.util.Arrays;

public class Main {

public static void main(String args[]) {

Scanner input = new Scanner(System.in);

int row, col;

System.out.print("Rows: "); row = input.nextInt();

System.out.print("Cols: "); col = input.nextInt();

int[][] Array2D = new int[row][col];

System.out.print("Enter array elements: ");

for(int i =0;i<row;i++){

for(int j =0;j<col;j++){

Array2D[i][j] = input.nextInt();

} }

int[] maxarray = findmax(Array2D,row,col);

System.out.println("Row: "+(maxarray[0]+1));

System.out.println("Column: "+(maxarray[1]+1));

}

public static int[] findmax(int[][] Array2D,int row, int col) {

int max = Array2D[0][0];

int []maxitem = new int [2];

for(int i =0;i<row;i++){

for(int j =0;j<col;j++){

if(Array2D[i][j] > max){

maxitem[0] = i;

maxitem[1] = j; } } }

return maxitem;

}

Explanation:

The next two lines import the scanner and array libraries

import java.util.Scanner;

import java.util.Arrays;

The class of the program

public class Main {

The main method begins here

public static void main(String args[]) {

The scanner function is called in the program

Scanner input = new Scanner(System.in);

This declares the array row and column

int row, col;

This next instructions prompt the user for rows and get the row input

System.out.print("Rows: "); row = input.nextInt();

This next instructions prompt the user for columns and get the column input

System.out.print("Cols: "); col = input.nextInt();

This declares the 2D array

int[][] Array2D = new int[row][col];

This prompts the user for array elements

System.out.print("Enter array elements: ");

The following iteration populates the 2D array

for(int i =0;i<row;i++){

for(int j =0;j<col;j++){

Array2D[i][j] = input.nextInt();

} }

This calls the findmax function. The returned array of the function is saved in maxarray

int[] maxarray = findmax(Array2D,row,col);

This prints the row position

System.out.println("Row: "+(maxarray[0]+1));

This prints the column position

System.out.println("Column: "+(maxarray[1]+1));

The main method ends here

}

The findmax function begins here

public static int[] findmax(int[][] Array2D,int row, int col) {

This initializes the maximum to the first element of the array

int max = Array2D[0][0];

This declares maxitem. The array gets the position of the maximum element

int []maxitem = new int [2];

The following iteration gets the position of the maximum element

for(int i =0;i<row;i++){

for(int j =0;j<col;j++){

if(Array2D[i][j] > max){

maxitem[0] = i; -- The row position is saved in index 0

maxitem[1] = j; -- The column position is saved in index 1} } }

This returns the 1 d array

return maxitem;

}

7 0

3 years ago

In a multiple-column record of a data file, ______ represent different variables and _______ represent different cases

Nookie1986 [14]

Answer:

columns, rows

Explanation:

In Computer programming, a atabase schema refers to the logical design of the database while the database instance refers to a snapshot of the data found in a database at a given instant in time.

Basically, in database management, the term "schema" is used to denote a representation of data while the term "instance" is used to denote an instance of time.

A database schema is a structure which is typically used to represent the logical design of the database and as such represents how data are stored or organized and the relationships existing in a database management system. There are two (2) main categories of a database schema; physical database schema and logical database schema.

Also, a database instance is a snapshot of the data in the database at a given instant in time and as such represents an operational database by following the conditions, validation and constraints set for a database management system.

These data can be stored or organized in a database management system through the use of multiple-column record formats.

In a multiple-column record of a data file, columns represent different variables and rows represent different cases (respondents) such as experimental data, independent observations etc.

4 0

2 years ago

What is wrong with the formula below? SUM(A1:A5)/SUM(B1:B5)

Triss [41]

I think the answer would be C

5 0

2 years ago

Read 2 more answers