English, asked by shivampandey1185, 9 months ago

what is leasing ? explain is types merits and demerits in details

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Answered by geethika94

Leases are contracts in which the property/asset owner allows another party to use the property/asset in exchange for money or other assets. The two most common types of leases in accounting are operating and financing (capital leases). Advantages, disadvantages, and examples. Lessor vs Lessee.

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