Financial leasing
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Leasing contracts should be recognised in the books in accordance with their nature and content and not only on the formal basis.
In the case of financial leasing, when it is started the lessee in the balance sheet should recognise the leased asset as a fixed asset and as a liability on the other side. Just like the lessee purchase the fixed asset with a bank loan.
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Next Leasing contracts should be recognised in the books in accordance with their nature and content and not only on the formal basis.
In the case of financial leasing, when it is started the lessee in the balance sheet should recognise the leased asset as a fixed asset and as a liability on the other side. Just like the lessee purchase the fixed asset with a bank loan.
