Which of the following statements pertaining to lease accounting is not correct?

Question

Which of the following statements pertaining to lease accounting is not correct? Select one: For a particular lease agreement, the amount of interest expense recorded by the lessee can be different man the amount of interest revenue recorded by the lessor during the same time period The current ratio will bo decreased over the lease tern, it a lessor The required disclosures pertaining to operating leases require the lessee to disclose what the impact on the financial statements would have been if the lease would have been treated as a capital lease.

Explanation / Answer

in this options a is not correct pertaining to lease accounting

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