Presentation on the balance sheet will however depend on whether the lease is classified as a Type A or Type B lease and recorded to match the data. Assets and liabilities will be calculated on the balance sheet of a 12 month lease obligation with a right-of-use asset ratio and a liability to match. Due to front loading, your rental charges will match and adjust accordingly due to periods of highest and lowest spending towards the end of your rental obligation. Interest charged will be recognized separately from the lease liability. The year-end reporting will also contain information on leases in the annual report that meet the Type A or Type B requirements along with the 12 month requirement. The financial disclosure notes will continue to be the same as lower lease payments will continue to exist going forward. The new accounting rules will impact income taxes accounted for as deferred