Assertion: lease | /r/IsA | a capital lease
Facets:
Source sentences:
text: When a lease is classified as a capital lease, the present value of the lease expenses is treated as debt, and interest is imputed on this amount and shown as part of the income statement.
text: A lease will be categorized as a capital lease if it meets any of the following conditions:When a lease is considered to be a capital lease it is treated as if the asset is acquired through a loan.