question 10 (5 points)\nlisten\ncapital leases are most similar to\na) accounts payable.\nb) regular notes…

question 10 (5 points)\nlisten\ncapital leases are most similar to\na) accounts payable.\nb) regular notes payable.\nc) unearned revenue.\nd) mortgage notes.

question 10 (5 points)\nlisten\ncapital leases are most similar to\na) accounts payable.\nb) regular notes payable.\nc) unearned revenue.\nd) mortgage notes.

Answer

Brief Explanations:

Capital leases are long - term obligations similar to mortgage notes as they both involve long - term financing of assets with regular payments over an extended period. Accounts payable are short - term obligations for goods/services already received. Regular notes payable can be short or long - term but may not always be related to asset financing like capital leases. Unearned revenue is a liability for revenue received in advance for goods/services not yet provided.

Answer:

D. mortgage notes