Skip to Main Content
Portail du forum communutaire/Community Forum Portal
Statut Répondu
Créé par AgExpert Support
Créé le 5 mar. 2013

Disqus Agexpert Accounting Questions Archive

is the balance owing on leased equipment supposed to go into the capital lease payable account? or do i make a new sub account under machinery loans??

  • RÉPONSE
    10 fév. 2025

    Hey cw05,
    If you have a capital lease payable account then you should feel free to post the outstanding amount under that account.  (I am assuming of course that it is a liability or loan account).  If you wanted to see details for each outstanding equipment lease then you could consider setting up sub-accounts to track individual leases the way that there are sub-accounts under Machinery Loans that allow us to track individual loans outstanding.

  • Joindre des fichiers