The value at which a liability is recorded in the books of a business. It appears in the statement of...

The amount at which a liability is recorded in the books of an entity. It appears in the statement of...

The amount/ value at which an asset is recognized after deducting any accumulated depreciation (for physical assets) / amortization (for...

The amount at which an asset is recognized after deducting any accumulated depreciation (for physical assets) / amortization (for financial...

A lease that cannot be cancelled in ordinary situations by either party. However, it may be cancelled or become cancellable...

A contract in which an owner of property/ usable asset (a lessor) places it at the disposal of another party...

A type of lease in which a financier (a finance company, a bank) is and remains the legal owner of...

A type of lease in which a financier (a finance company, a bank) is and remains the legal owner of...

A type of lease in which a financier (a finance company, a bank) is and remains the legal owner of...

A lease contract that provides a lessee the right to use an asset without enjoying the benefits of ownership. The...