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Great product - mainly use it to edit Tabletop Roleplaying Games documents for Dungeons and Dragons and Pathfinder - easy to use and intuitive. Love it.
2018-06-02
Definitely Useful
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PDFiller allows you to create and mail PDFs easily, saving you the hassle of getting an envelope, purchasing a stamp, maybe having to go to the post office, etc. For me that has been its greatest strength. The PDF customization interface isn't bad, but it's not immediately usable. It takes a little bit of time to learn how to use it effectively.
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2019-11-15
Excellent features
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2019-11-05
Very straightforward .pdf editing
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2021-10-27
good
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2021-10-12
I am really pleased with the help that…
I am really pleased with the help that I got it from the live chat pdf support. The person name is sam and he was very helpful in solving my problems. I would like to say a big thanks to him.
2020-11-14
Private individual, basic version
I'm using the basic version which obviously has some limitations but it's good for the tasks I have in hand
2020-11-07
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How do you classify a lease?
Transfer of ownership. Purchase options. Remaining economic life of the asset. The expected term of the lease. Lease payments. Rate implicit in the lease (discount rate) Fair value of the underlying asset.
How are leases classified?
Lease classifications include operating leases and capital leases. A lease is a type of transaction undertaken by a company to have the right to use an asset. The schedule should outline all the major pieces of debt a company has on its balance sheet, and calculate interest in multiplying the in certain situations.
What are the two major classifications of leases?
The two most common types of leases are operating leases and financing leases (also called capital leases). In order to differentiate between the two, one must consider how fully the risks and rewards associated with ownership of the asset have been transferred to the lessee from the lessor.
How do you classify finance lease and operating lease?
An operating lease is generally treated like renting. That means the lease payments are treated as operating expenses and the asset does not show on the balance sheet. A financial lease is generally treated like loan. Here, asset ownership is considered by the lessee, so the asset appears on the balance sheet.
What is leasing and different types of leasing?
Leases are classified into different types based on the variation in the elements of a lease. Very popularly heard leases are financial and operating lease. Apart from these, there are the sale and leaseback and direct lease, single investor lease and leveraged lease, and domestic and international lease.
How do you account for a lease?
Initial decoration. Calculate the present value of all lease payments. This will be the recorded cost of the asset. Record the amount as a debit to the appropriate fixed asset account, and a credit to the capital lease liability account.
How do you account for a leased car?
For example, if a lease payment were for a total of $1,000 and $120 of that amount were for interest expense, then the entry would be a debit of $880 to the capital lease liability account, a debit of $120 to the interest expense account, and a credit of $1,000 to the accounts payable account.
What is the journal entry for lease?
Step 3: Journal entries The equipment account is debited by the present value of the minimum lease payments and the lease liability account is the difference between the value of the equipment and cash paid at the beginning of the year. Depreciation expense must be recorded for the equipment that is leased.
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