Final answer:
The refrigerator leased to the customer is considered an asset for both the service provider and the customer, as it is part of the provider's inventory and is essential for the customer's service operations.
Step-by-step explanation:
When considering assets for both a service provider offering restaurant appliances and maintenance and their customer, C. The refrigerator leased to the customer is considered an asset for both parties. From the service provider's perspective, the refrigerators they lease out are part of their inventory and represent a durable good that can generate revenue over time. For the customer, the leased refrigerator is an essential asset for their operations, needed to preserve food and maintain quality service, without the upfront cost of purchasing.
While the products being delivered to the provider warehouse and the truck that delivers the products have value as well, they typically represent assets for the service provider rather than the customer. The products in the warehouse count as inventory, which is an asset on the provider's balance sheet, and the delivery truck is a logistical asset. However, the refrigerator directly contributes to the customer's service capabilities, making it an asset for their business as well.