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A lease payment for a cash register is typically considered a fixed cost rather than a variable cost. Fixed costs remain constant regardless of the level of business activity, while variable costs fluctuate with production or sales volume. Since lease payments are usually agreed upon for a specific term and do not change with sales volume, they fall into the fixed cost category.
What else can I help you with?
How do you account for a capital lease on a cash flow statement?
capital lease is part of cash flow from investing activities and payment in this regard is shown in this section of statement.
What is a non cash?
Answer:Non-cash transactions are transaction where no cash is involved. Signing a lease contract, granting options, accrued expenses (expenses are incurred, while actual cash payment is later) are examples of non-cash transactions.
What is the Difference between sales type lease and capital lease?
Capital lease is that lease in which assets are acquired for substantial useful life of asset for use in business. Sale type lease is that in which discounted cash flow for miminum lease payment is higher than value of leased asset and only relevant to lessor.
How do you program royal cash register?
i want to program my cash register
What is the purpose of cash register paper rolls?
Cash register paper rolls are essentially the printer paper of the cash register. When you punch in the buttons, the numbers get printed on to the paper roll.
How do you account for a capital lease on a cash flow statement?
capital lease is part of cash flow from investing activities and payment in this regard is shown in this section of statement.
What are the booking entries for operating lease payments?
increase rent expense by payment amount (debit) reduce cash by payment amount (credit)
Does a operating lease increase cash flow for the lessor?
Technically, every lease a lessor has increases cash flow to some degree, as the lease requires a rent-payment of sorts. However, for the lessor, this is simply a standard income source, rather than any particularly special cash flow.
Are cost of capital and marginal tax rate included on a cash flow statemnt?
Capital lease payments will affect cash flow from both operating activities and financing activities. A capital lease payment is treated as debt service. The portion of the payment applied to principal is a cash outflow from financing activities, and the portion applied to interest is a cash outflow from operating activities.
What is a non cash?
Answer:Non-cash transactions are transaction where no cash is involved. Signing a lease contract, granting options, accrued expenses (expenses are incurred, while actual cash payment is later) are examples of non-cash transactions.
If lease is discounted for one time payment can that income be amortized for tax purposes over life of lease?
This will depend on your accounting method that you use. If you are a cash basis business, then it is recognized when lease payments are received. If accrual, you could justify amortizing the payment but I cannot imagine why you would want to. I am assuming you are lessor in your question and not the lessee. If you are the one leasing the property, you cannot take a deduction for a lease payment you did not make.
How do you do the double entry on an Onerous lease?
At the date the lease becomes onerous: Dr P&L Expense - onerous lease. Cr Balance Sheet Provision for onerous lease. Each time there is a rental payment on the lease: Dr Balance Sheet Provision for onerous lease. Cr Cash
What is the Difference between sales type lease and capital lease?
Capital lease is that lease in which assets are acquired for substantial useful life of asset for use in business. Sale type lease is that in which discounted cash flow for miminum lease payment is higher than value of leased asset and only relevant to lessor.
How can you use cash register system step by step?
To use a cash register system, first ensure it is powered on and properly set up with the necessary configurations such as tax rates and payment methods. Next, enter the items being purchased by scanning barcodes or inputting them manually. After all items are entered, the system will calculate the total amount due; then, process the payment by accepting cash, credit/debit cards, or mobile payments. Finally, issue a receipt to the customer and update the register’s cash balance as needed.
Can you use your laptop as a cash register?
yes if you want to have a cash register
How do you program royal cash register?
i want to program my cash register
Does dealextreme accept cash?
no,they can't accept cash they can accept payment by Paypal ,if you have credit card or debate card or other card,you can register in Paypal and fulfill the Payment if you have a credit card,you can also pay directly by credit card,check out by method three
