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LEASE and ASSET TRANSFER AGREEMENT THIS LEASE  Form

LEASE and ASSET TRANSFER AGREEMENT THIS LEASE Form

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Instructions and help about LEASE AND ASSET TRANSFER AGREEMENT THIS LEASE

hello and welcome to this session in which we will discuss the difference between finance lease and operating lease financially sometime called a capital lease now before we proceed i would like to remind you what we did in the prior session we talked about what is the lease advantages of leasing and the players in the leasing industry now we're going to look at what is a finance or operating lease regardless whether a company classifies a lease as a finance lease or as an operating lease in both situation leases are capitalized now why am i saying this because in the past and hopefully you don't remember this because this was maybe a few years ago the old rules under operating lease you did not have to capitalize the lease but what does capitalize mean it means every time you have a lease you have to put an asset on the book and a corresponding liability well based on the old rules which is you don't have to worry about but the reason i'm giving you the

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