equipment rental expense definition
The expense incurred during the time interval indicated on the income statement for using rented equipment.
The expense incurred during the time interval indicated on the income statement for using rented equipment.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.