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Angela Jones
Joined: 03 Jun 2008
Posts: 1
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| Posted: Tue Jun 03, 2008 7:31 am Post subject: Operating Leases and depreciation |
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| Is there any situation where you take a depreciation expense on an operating lease? I know you do on a capital lease but not sure about not ever taking on operating. Thanks. |
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Ken
Joined: 17 Aug 2005
Posts: 166
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| Posted: Tue Nov 11, 2008 3:30 pm Post subject: |
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| Typically Operating Leases would not be depreciated, because the whole payment is an expense to the company. |
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Ingmar
Joined: 07 Jul 2008
Posts: 32
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| Posted: Thu Nov 20, 2008 6:26 am Post subject: |
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| Very true, with Operational Lease, the leased object will legally not be owned the company. It is better to consider operational lease as "rent". |
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