Examlex
A formula always begins with a plus sign (+) and can use cell references that point to the contents of other cells.
Lease Receivable
An amount due to the lessor under a lease agreement, representing the lessor's right to receive payments from the lessee.
Manufacturer/Dealer Lessor
A party that leases out the goods they manufacture or deal in, providing customers with access to assets without transferring ownership.
Leased Receivable
An asset account that represents amounts owed by lessees to the owner of leased property, under the terms of lease agreements.
AASB 16
An Australian accounting standard that introduces a single lessee accounting model, requiring lessees to recognize assets and liabilities for all leases.
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