What is Finance Lease?
1.
A finance lease is where a loaned asset is (in most cases)
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see
We have secured a finance lease.
See
Random Words:
1.
The act of juicing a lemon with an erect penus.
After Mike was done lemon-poking, he opened a lemonade stand.
See lemon, juicing, poki..
1.
When u fart intentionally in front of a old person on a open fire until you get the old person on fire.
"AHHHHHHHH! WTF im dyin ca..
