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View Full Version : Under what account should I put a rental of a printer?


gisel0621
Oct 12, 2010, 07:54 AM

pready
Oct 12, 2010, 03:50 PM
It depends on what type of lease you have, if you have an operating lease you will be using income statement accounts, but if you have a capital lease you will have balance sheet accounts.

If you are just renting a printer for a few months you will be using a Rental Expense account or other appropriate type of expense account.