Business & Finance

DLFA Full Form - What is Full Form of DLFA?

Full Form: Depreciation of Leased Fixed Assets
Category: Business & Finance
Sub Category: Accounting

What is Meaning of DLFA?

DLFA is full form Depreciation of Leased Fixed Assets

What is Depreciation of Leased Fixed Assets?

Depreciation. Since an asset recorded through a capital lease is essentially no different from any other fixed asset, it must be depreciated in the normal manner, where periodic depreciation is based on a combination of the recorded asset cost, any salvage value, and its useful life