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What is a capital lease?

Alexander Wilson | 2023-05-07 23:43:37 | page views：1624
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Scarlett Martinez

Works at Artisan Coffee Co., Lives in Portland, Oregon.
A capital lease is a lease in which the lessor only finances the leased asset, and all other rights of ownership transfer to the lessee. This results in the recordation of the asset as the lessee's property in its general ledger, as a fixed asset.
2023-05-16 23:43:37
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Ethan Martinez

QuesHub.com delivers expert answers and knowledge to you.
A capital lease is a lease in which the lessor only finances the leased asset, and all other rights of ownership transfer to the lessee. This results in the recordation of the asset as the lessee's property in its general ledger, as a fixed asset.
The criteria for a capital lease �� AccountingTools
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