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lease to buy option on equipment

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October 17, 2013 11:22PM
I have a lease to buy option on some equipment. When I buy out the equipment, how do I record it? To clarify, say a header with initial value of $50,000 has a buy out of $10,000 after a few years. When I record the value of the header I would like it record as $50,000. Not the $10,000 I ended up buying it out for.
SubjectAuthorPosted

lease to buy option on equipment

lanwickumOctober 17, 2013 11:22PM

Re: lease to buy option on equipment

KathyClineOctober 18, 2013 12:03PM



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