The recognition of finance leases creates which of the following effects in financial statements of a lessee?
Question:
The recognition of finance leases creates which of the following effects in financial statements of a lessee?
(a) Net income always rises.
(b) Net income always falls.
(c) Net worth always falls.
(d) Total assets always rise.
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Related Book For 
Financial Accounting An International Introduction
ISBN: 9780273685203
2nd Edition
Authors: David Alexander
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