Kung-fu Jesus's definitions
I will stomp a mudhole on Elitists' face.
Oh well, by the looks of things somebody beat me to it, haha!
Oh well, by the looks of things somebody beat me to it, haha!
by Kung-Fu Jesus May 10, 2004
Get the stomp a mud holemug. A finance lease is where a loaned asset is (in most cases) pimped to one party for the useful lifetime of it.
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for dep'n. It is also recorded in the trading profit and loss account (for year ended <date>) as interest due for the year and the dep'n.
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see accruals, shared betwixt current liabilities and long-term liabilities.
In the accounts of business, it is recorded much the same as a hire-purcase agreement. It is reocrded in the balance sheet (as at <date>) as the cost of the fixed asset (excluding interest) less the provision for dep'n. It is also recorded in the trading profit and loss account (for year ended <date>) as interest due for the year and the dep'n.
The balance sheet also record finance leasing as a liability for future payments (excluding intrest), see accruals, shared betwixt current liabilities and long-term liabilities.
by Kung-Fu Jesus April 30, 2004
Get the finance leasemug. hmv
by Kung-Fu Jesus May 3, 2004
Get the HMVmug. (n.) text in which words are brought together by hyphenation that are not supposed to be hyphenated. Usually a cover for bad spelling.
Kung-Fu Jesus' definitions---->
by Kung-Fu Jesus February 17, 2007
Get the excessive hyphenationmug. by Kung-Fu Jesus May 1, 2004
Get the hindustanmug. this mail order bride is the creme de la creme! She dosen't speak english, never whines, does all the housework and fucks like a whore in the bedroom.
by kung-fu jesus August 17, 2004
Get the creme de la crememug. (n.) Funeral car, modified to fit a coffin in the back. Very slow and heavy on fuel, but cool and cheap. Like a volvo.
(v.) To be put into a hearse, to be killed.
(v.) To be put into a hearse, to be killed.
by Kung-Fu Jesus May 7, 2004
Get the hearsemug.