Lease accounting - Lessee

Discussion in 'Technical Queries' started by Graham Mangota, Jul 4, 2018.

  1. Graham Mangota

    Graham Mangota

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    Hello

    I need help with the following :

    A bank is financing the purchase of truck through some 3 yr leases. Ho do we account for the lease establishment and application fees ?
     
    Graham Mangota, Jul 4, 2018
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  2. Graham Mangota

    kirby VIP Member

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    Are you the bank or the user of the equipment (lessee) ?
     
    kirby, Jul 5, 2018
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  3. Graham Mangota

    Graham Mangota

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    "We" are the user of the vehicles. We are the lessee
     
    Graham Mangota, Jul 7, 2018
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  4. Graham Mangota

    kirby VIP Member

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    kirby, Jul 8, 2018
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