Under the pre-2019 accounting standards, GAAP identifies two different approaches in reporting leases by the lessee: capital lease method and the operating lease method. Which option best describes the financial statement effects of leasing on the financial statements of the lessee?

A. Lease Type: Operating; Assets: Increased; Liabilities: Increased; Expenses: Depreciation and Interest
B. Lease Type: Capital; Assets: Increased; Liabilities: Increased; Expenses: Rent
C. Lease Type: Operating; Assets: None; Liabilities: None; Expenses: Rent
D. Lease Type: Capital; Assets: None; Liabilities: None; Expenses: Rent
E. Lease Type: Operating; Assets: None; Liabilities: None; Expenses: Depreciation and Interest

answer; /// i believe the correct answer is ( column break);

a. money supply  

have a good day

answer; /// blank(1); increases; blank(2); decreases;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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