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How to Account for a Capital Lease: Revision history

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21 March 2023

  • curprev 08:0408:04, 21 March 2023 Lukegao1 talk contribs 2,188 bytes +2,188 创建页面,内容为“ A capital lease is a type of lease where the lessee (the person or company renting the asset) assumes most of the risks and rewards of ownership of the asset being leased. Capital leases are recorded on the lessee's balance sheet as both an asset and a liability. Here's how to account for a capital lease: 1. Determine the lease term and payment amounts: The lease term is the length of time the lessee will use the asset, and the payment amounts are the period…”