课件fachap015第15章租赁.pdfVIP

Accounting by the Lessor and Lessee A lease is an agreement in which the lessor conveys the right to use property, nt, or equipment, usually for a stated period of time, to the lessee. Lessee = Renter Lessor = Owner of property Lessee Lessor Operating lease Operating lease Capital lease Finance lease Direct finance lease Sales-type lease Finance Leases and Installment Notes Compared Matrix acquires equipment from Apex by paying $193,878 every six months for the next three years. The interest rate associated with the agreement is 9%. Let’s look at the arrangement as an installment note payable and as a finance lease agreement. First, let’s prepare an amortization schedule for the payments. Effective Decrease Outstanding Date Payment Interest in Balance Balance Initial value . . . . . . . . . . . . . . . . . . . $ 1,000,000 1 $ 193,878 $ 45,000 $ 148,878 851,122 2 193,878 38,300 155,578 695,544 3 193,878 31,300 162,578 532,966 4 193,878 23,983 169,895 363,071 5 193,878 16,338 177,540 185,532 6 193,878 8,346 185,532 - eption of the Agreement At eption January 1 Installment Note Equipment 1,000,000 Notes payable 1,000,000 Finance Lease Leased Equipment 1,000,000 Lease payable