Spirula Trading Inc. sublets a part of its office building to Jade Inc. for a period of ten years. Where will the company disclose this information?

A.

as an off- balance sheet item

B.

disclosed as a liability in the balance sheet

C.

as a tangible asset in the balance sheet

D.

disclosed as an intangible asset in the balance sheet

E.

as a long-term liability in the balance sheet

Plato Course Accounting, Semester A Unit 4: Careers, Regulations, and Ethics in Accounting Post Test: Careers, Regulations, and Ethics in Accounting