Tesla (and other car companies) leasing - How does this go in the books?

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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