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peterd1952
Mar 1, 2009, 09:31 AM
I hold a lease on a property which is recorded as an asset on my balance sheet in the amount of £20,000.00 - at the year end, is it proper to depreciate the value of this lease in a like manner to that of other assets?

jumaakah
Mar 3, 2009, 12:55 PM
Please help me know accounting better

jumaakah
Mar 3, 2009, 01:04 PM
Help me with your own question to solve on depreciation

codyman144
Mar 4, 2009, 09:10 AM
Not sure what accounting rules you need to follow in England but in the US it depends if you classify it as a capital lease or an operating lease