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youngindustries
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Vehicle lease payment from one business to another

I have 2 businesses.  A farm and an equipment leasing company.  My farm pays a monthly lease payment for a truck from the leasing company.  Where do I write off the expense of the lease to the farm?  

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‎February 17, 2020 5:38 AM
last updated ‎February 17, 2020 5:38 AM
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DianeC958
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Vehicle lease payment from one business to another

It is a Equipment Rent Expense to the farm.

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‎February 18, 2020 7:43 AM
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