Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 2619

Assume we have taken a vehicle on leasing Cost Of vehicle
Rs.2445000 (vat 261964.00)on 22/12/09 ,the vecle lease for
4 years and made intial paymenent as Rs.25000 &the monthly
leasing amount Rs.59806.00,pls let me know the double
entries for this finacial year (with figers)

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Assume we have taken a vehicle on leasing Cost Of vehicle Rs.2445000 (vat 261964.00)on 22/12/09 ,t..

Answer / guest

U want to calculate the figures then u have to specify the
rate of interest...

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