if a firm take the machinery on rent so how the repairing expense is recorded ?
Yasaswi Gomes new
(Finance )
(4492 Points)
Replied 22 September 2022
Operating leases or hire purchase methods. If it's more than a year, it's a finance lease
sabyasachi mukherjee
(26604 Points)
Replied 22 September 2022
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
CAclubindia
