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Accounting > Capitalized Lease

The following information is about Capitalized Lease.

Capitalized Lease Defined

LEASE recorded as an ASSET acquisition accompanied by a corresponding LIABILITY by the LESSEE.

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Irwin Financial Corporation Announces Sales of Assets and Managerial Changes

Published July 1, 2009, 3:00 pm, PR Newswire via Yahoo! Finance

Irwin Financial Corporation , today announced the sale of approximately $190 million of commercial loans in the second quarter and an agreement to sell three branch locations in Indiana, pending regulatory approval, in the third quarter.

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