Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

OPerating lease accounting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › OPerating lease accounting

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • April 30, 2011 at 7:43 pm #48280
    ACCA LOVER!!!
    Member
    • Topics: 32
    • Replies: 52
    • ☆☆

    Hi,

    If you have a commitment to a lease for 4 years – do you have to hold any liability in the balance sheet for this? Or for operating leases we just Cr cash and Dr expense account?

    Thanks

    May 4, 2011 at 2:02 pm #81313
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23321
    • ☆☆☆☆☆

    There are 2 good articles in Student Accountant on exactly this point – October 2010 by Bobbie Retallack and March 2011 by Tom Clendon.

    read those and, if you still have a problem, post again

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.