1.Maintenance charges are included in the lease charges.
2.Lease charges generally decline after a specified period.
3.It does not require heavy initial investment.
4.In leasing, the extra workload for the computer system is not charged by the lessor.
5.Lease expenditure being revenue expense may be charged to the profit and loss account.
6.Leasing agreement charges are lower than rental charges, and the contracts are renewable even at a lower rate, unlike rental agreement.
Jonmhumble answered the question on November 21, 2017 at 08:32
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