40111
Expenses for equipment acquired on a lease-purchase arrangement. Such equipment is placed on inventory when delivered. See account code 40101 - Equipment, for a definition of equipment and for a list of expenses in addition to the lease payments that can be capitalized. All lease-purchase acquisitions are considered to be equipment purchases and are included as part of the Expenses of any separate equipment appropriation.
Code - Name:
40111-Equipment Lease-Purchase
Data Entry Status:
Y (Yes)
Level:
Level 2
Last Imported Date:
Thursday, December 14, 2017
Account Type Code:
73
Label:
Equipment Lease-Purchase
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