Select the correct answer.
Spirula Trading Inc. sublets a part of its office building to Jade Inc. for a period of ten years. Where will the company disclose this information?
A
as an off-balance sheet item
B. disclosed as a liability in the balance sheet
C. as a tangible asset in the balance sheet
D. disclosed as an intangible asset in the balance sheet
E as a long-term liability in the balance sheet