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**Lease Transaction and Classification (P-3)**
In this video, we cover **Finance Lease: Journal Entries** as part of our Financial Accounting series. This detailed explanation will help BCom and BBA students grasp the essential journal entries for finance leases effectively.

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### ** Key Topics Covered:**
1. **What is a Finance Lease?**
2. **Key Features of Finance Lease**
3. **Step-by-Step Journal Entries for Finance Leases**
- Initial recognition of lease assets and liabilities
- Interest expense and depreciation accounting
- Lease liability repayments

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### ** Target Audience:**
- **BCom/BBA Students**
- Anyone interested in mastering **Financial Accounting** concepts

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**Useful Links:**
- **Playlist:** [Financial Accounting Series](#)
- **Previous Video (P-2):** [Lease Transaction and Classification](#)

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