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    SusanQ's Avatar
    SusanQ Posts: 7, Reputation: 1
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    #1

    Dec 10, 2010, 07:25 PM
    Why do accountants distinguish between different types of leases?
    Why do accountants distinguish between different types of leases? i.e. operating lease, capital lease, direct financing lease, sales-type lease
    SusanQ's Avatar
    SusanQ Posts: 7, Reputation: 1
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    #2

    Dec 10, 2010, 07:35 PM
    By looking all of these leases up, all I've come up with is: 1) to clarify one best for their business type (being that some are for manufacturers and dealers, while others are not), 2)To better their financial statements (i.e. assets vs. liabilities) and for tax purposes
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