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turn2him

08/30/08 12:58 PM

#11691 RE: Pedro2004 #11690

Pedro2004:

Who really cares if a company 'owns' equipment? It is not an unusual practice for companies to lease equipment while they are in start-up mode. It is a matter of how one keeps the books and chooses to report it. Liability(expense) or equity(asset).

Time and the Creator of it are my friends


Time and the Creator of it are my friends
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stork

08/30/08 5:58 PM

#11702 RE: Pedro2004 #11690

Why are you asking me?