Rent owed to the lessor under an operating lease would appear on the balance sheet as
A)current liability.
B)long-term liability.
C)current asset.
D)owners' equity.

Name: Rent owed to the lessor under an operating lease would appear on the balance sheet as A)current liability. B)long-term liability. C)current asset. D)owners' equity.
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Rent owed under an operating lease is a short-term obligation, thus it is classified as a current liability on the balance sheet.

Rent Owed to the Lessor Under an Operating Lease Would