Depreciation
Mohit Gupta (article) (164 Points)
08 April 2019
Whi will charged the depreciation in case of finance lease and why?
5 Replies
Mohit Gupta
(article)
(164 Points)
Replied 08 April 2019
I'm asking about who take the benefit of depreciation lessor or lessee not a method
CA Shikha Sharma
(Ceo)
(3869 Points)
Replied 08 April 2019
lesser willvvatge depreciation and credit it to lessor whereas lessor have to take it as income and dr to lessee
Mohit Gupta
(article)
(164 Points)
Replied 08 April 2019
But in this entry fixed assets amount will remain same because we not credit the assets
CA Shikha Sharma
(Ceo)
(3869 Points)
Replied 08 April 2019
no it won't remain same in the books of lessor
by lesser to fixed asset
by lesser to fixed asset
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