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Land on lease should be shown in Blance sheet contrary to...

This question belongs to Commerce Accounting
Accounting
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Land on lease should be shown in Blance sheet contrary to the fact that the company does not own that piece of land is the implementation of which accounting concept?

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Correct Answer: Option D
Land on lease should be shown in Blance sheet contrary to the fact that the company does not own that piece of land is the implementation of Substance over form concept.
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