Bookkeeping when signing a contract
Borrow: fixed assets-fixed assets leased by financing.
Taxes payable-VAT payable-input
Financial expenses-handling fee
Unconfirmed financing expenses
Loan: Long-term payable-financial lease payable (total rent+down payment rent amount)
Bank deposit (handling fee)
Debit: Long-term payables-financing lease payable
Credit: other receivables
Make accounts during the lease period
Debit: Long-term payables-financing lease payable
Interest expense (financial expense)
Loan: unconfirmed financing expenses.
bank deposit
Borrow: Depreciation expense (financing leased into fixed assets)
Loan: accumulated depreciation-finance lease of fixed assets
Termination of lease
Borrow: Fixed assets-owned.
Accumulated depreciation-financing leased fixed assets
Loan: fixed assets-fixed assets leased by financing.
Accumulated depreciation-owned