Lease Accounting For Operating Lease (Lessor Vs Lessee Recording Of Asset Leased)
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12 سال پیش
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Accounting for a operating lease,
Accounting for a operating lease, showing how to setup and calculate the lease amortization schedule (using the effective interest method), operating lease similar to a capital lease (except for), (1) lessee accounting (company using the asset) asset leased does not appear on lessees balance sheet (only recognize rent expense for the current period the asset is leased) and (2) lessor accounting (ownership asset remains with lessor, then depreciated, executory expenses, etc. and asset are incurred by the lessor, the asset is recorded on the lessors balance sheet), have to develope an amortization schedule for the leased asset to determine the interest expense (financing cost) for the leased asset, lessee company pays rent payment due at beginning of year, lessor company capitalizes leased asset as the present value of minimum lease payments and depreciates the asset (present value of minimum lease payments/economic life of the asset), balance sheet journal entries (T Accounts) for recording operating lease are shown for both the lessee and lessor companies, detailed accounting example by Allen Mursau
12 سال پیش
در تاریخ 1391/07/10 منتشر شده
است.
57,932
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