B. FILL IN THE BLANKS
1 Lease-hold properties and oil-wells are the examples of
Answers
Answered by
0
Answer:
A leasehold is an accounting term for an asset being leased. The asset is typically property such as a building or space in a building. The lessee contracts with the lessor for the right to use the property in exchange for a series of scheduled payments over the term of the lease. Renting space in an office building for a company's use or renting a building to be used for a retail store are two examples of a commercial leasehold arrangement
Similar questions