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    gisel0621's Avatar
    gisel0621 Posts: 1, Reputation: 1
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    #1

    Oct 12, 2010, 07:54 AM
    Under what account should I put a rental of a printer?
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    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.

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