Question 43 1 pts If the present value of lease payments equals or exceeds 90% of the fair value of the leased property the e conditions are met for the lease to be considered a capital lease. o lease is uneconomical and should not be entered into. O lease may be classified as an operating lease e recording of a lease liability is optional3e-that is, the off-balance sheet approach can be elected DQuestion 44 1 pts The discount on bonds payable or premium on bonds payable is shown on the balance sheet as an adjustment to bonds payable to arrive at the carrying value of the bonds. Indicate the appropriate addition or subtraction to bonds payable: Premium on bonds Payable Discount on Bonds Payable Add Add Deduct Add Add Deduct Deduct Decuct