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To: H James Morris who wrote (43756)3/4/1999 10:55:00 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
>>The building that is leased is shown on the asset side of the balance sheet, and is treated
like any other fixed asset.<<
Yeah right. Please tell Ms Covey that, before they change auditors.


My accountants have apparently been doing my books wrong for a long time. I have leashold improvements that depreciate. My lease is not debt and the mall is not an asset. My rent is posted in the expense column.

Glenn