your opinion from the financial accounting perspective. ( You may refer to an appropriate accounting principle.) .Assume a financial year from 1^st January -31^st Dec 2022. Grab & Run, Inc., a fast food company, purchased assets on finance lease for Kshs.7,000,000 and paid Kshs.100,000 down payment and the rest on a15-year period remainder. The company accountant insists not to recognize such assets in the books since its a lease.