USA Where can I find the borrowing rate to calculate the ROU asset for a lease printer

BookLay · Tuesday at 9:09 PM

I am preparing the amortization schedule for leased assets. Where can I find the borrowing rate to calculate the ROU asset for a lease printer?

DrStrangeLove · Tuesday at 11:39 PM

It should be in the lease. If it's not explicitly in the lease, do you know the incremental borrowing rate of your firm? Double-check ASC 842 for the details, and heck out the following article from Thomson Reuters.

ASC 842 & the Incremental Borrowing Rate: Overcoming challenges

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USA Where can I find the borrowing rate to calculate the ROU asset for a lease printer

BookLay

DrStrangeLove

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