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Under the operating method, the lessor records each rental receipt as part interest revenue and part rental revenue.

a) True
b) False

User FLCL
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1 Answer

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Final answer:

Sharecroppers were indeed tenant farmers who paid their rent in the form of a portion of their harvest, which is a true statement.

Step-by-step explanation:

The statement that sharecroppers were tenant farmers who paid their rent with shares of their crops is true. Sharecropping was a system widely used in the Southern United States after the Civil War, where landlords would allow a tenant to use the land in exchange for a portion of the crops produced on the land. This form of payment essentially meant the tenant did not pay cash rent but rather a percentage of their harvest.

User Henrik Heimbuerger
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