Are we being charged double on leased air plans

Started by pbodyslim, April 05, 2015, 08:41:43 AM

pbodyslim

If we are charged three months rental fee upfront when we order our leased plans why are we being charged every week when the aircraft's first arrive? In the income section we are being deduced the rental fee every week as soon as we receive the aircraft

Zombie Slayer

Check your cash flow statement. There is a credit there for Prepaid items. Early on, that is the better indicator of financial health.
Don Collins of Ohio III, by the Grace of God of the SamiMetaverse of HatF and MT and of His other Realms and Game Worlds, King, Head of the Elite Alliance, Defender of the OOB, Protector of the Slots

Infinity

Quote from: pbodyslim on April 05, 2015, 08:41:43 AM
If we are charged three months rental fee upfront when we order our leased plans why are we being charged every week when the aircraft's first arrive? In the income section we are being deduced the rental fee every week as soon as we receive the aircraft

That's only an accounting expense that does not incur a cash payment.