Answer:
A
Explanation:
A lessee is the party that pays for the use of a leased asset under a leasing arrangement.
One major difference between the finance and operating lease is that while the lessee carry the leased asset as an asset in its book under the finance lease , the operating lease does not permit that , but it only record the lease obligation as an expenses in its income statement . To this effect , the lease agreement with an operating lease does not allows either depreciating or amortizing the leased asset
