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Status Answered
Created by AgExpert Support
Created on Dec 6, 2013

Disqus Agexpert Accounting Questions Archive

I purchased a car this year for 33000 dollars I leased it for 3 years for15000 dollars and paid gst and pst on the 15000 with the remainder due after the three years how do I enter this

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi Wayne,

    The answer depends a bit on whether it's a capital or operating lease. Check out this knowledge base article about working with leases. You should find some helpful information there.

    http://community.fccsoftwar...

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