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Re: Bought new tractor

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September 21, 2009 01:29PM
We just leased a new tractor. 3 YRS W/ residual at the end, which we'll pay and then own. How should we enter it????? We traded a tractor that we owned outright. We were allowed $15000 towards the sales price. If this helps the lease is through our local bank. The leasing co. cut a check to the dealership as if we were borrowing money from the bank. But it's written up as a lease trough banks leasing co.

Edited 1 time(s). Last edit at 09/21/2009 01:33PM by kt.

Bought new tractor

DaleSeptember 21, 2009 11:11AM

Re: Bought new tractor

Kathy ClineSeptember 21, 2009 12:02PM

Re: Bought new tractor

Kevin TrimbleSeptember 21, 2009 01:29PM

Re: Bought new tractor

Kathy ClineSeptember 21, 2009 05:16PM

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