What is Operating Lease?
1.
An operating lease is a short-term lease of fixed assets. After one lesse has returned it, another lesse will quite likely use it. This is recrded in the Trading Profit and loss account for year ended XxXx as an overhead.
Operating leases are short-term, and deal mainly with assets that depreciate slowly.
We have an operating lease on this tractor. We have to return or renew in six months.
See
Random Words:
1.
undercover phone call or text message for norco's. which is a pain killer like vicodin or ibuprofen.
yep, i just got back from my ..
1.
Collective name for 4 movies coming out. Currently, only the first one has been released. It is basically a remake of the first 6 episod..
