Lease Accounting For Capital Lease With Guaranteed Residual (Lease Testing Criteria) скачать в хорошем качестве

Lease Accounting For Capital Lease With Guaranteed Residual (Lease Testing Criteria)

Accounting for a capital lease with a guaranteed residual value, showing how to setup and calculate the lease amortization schedule (using the effective interest method) for each lease payment plus the guaranteed residual value and determine the lease capitalization criteria (if one or more of criteria is met), (1) lease transfers ownership of property to lessee (at end of lease), (2) lease contains a bargain purchase option (guaranteed residual value), (3) lease term is equal to 75% or more of the estimated economic life of the leased property and (4) pesent value of the minimum lease payments (excluding executory costs) equals or exceeds 90% of the fair value of the leased property), each lease payment includes three elements, (1) executory costs (maintenance, taxes, etc.), (2) fnancing cost (interest expense) and (3) reduction lease liability, capitalize as a leased asset (present valve of minimum lease payments plus present value of bargain purchase option), lease depreciation with bargain purchase option, the depreciable life is the assets economic life otherwise the depreciable life is the lease term, detailed accounting example by Allen Mursau