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Keeping in view the IAS-7, classify the following transactions with reasons into operating lease or...

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Accounting

Keeping in view the IAS-7, classify the following transactions with reasons into operating lease or finance lease:
i.B Limited has obtained a generator for official lease for 2 year period whose useful lite is 5 years
i.The C Ltd, has acquired an asset on lease the ownership of which will be transterred to the company at the end of lease term.
iit. The D Ltd, has acquired an asset on lease with an option to buy it at the end of loase term at scrap value
ivThe ZLtd. has acquired an asset on lease for 9 years. The economic life of the assect is 10 years. The company has no intention to purchase it at the end of lease term.
X Ltd. has acquired an asset with annual lease payment of Ra 50,000 for ten years whereas the fair value of the asset is Rs.210000
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