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.
Producing or accomplishing nothing.
After going to Best Buy for tech support, being told wrong information and then figuring out the pr..
1.
can be used:
a)to describe an overweight person,
or
b)as a term of endearment.
a)"god, you are such an obese maurice."
..
