Hi,
I am analyzing a few car companies and Tesla but I am struggling to bring back my accounting knowledge to 100%. When Tesla leases a Model S for 60 months and 800 dollars a month with Inventory value of 45,000, how is this brought to its books? I would think it would be something like this:
Dr +48,000 Operating Lease Verhicles
Cr ?
Not sure what happens with Inventory etc
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