ASC842
Required; Enter your Cost or Carrying Amount for the asset being leased, so that the initial profit can be recognized and calculated. Cost of Carrying Amount is not used for classification. It is used to determine if there is a gain or loss upon the setup of a sales-type or direct financing lease.
For a sales-type leases, the profit is all recognized at inception. For direct financing leases, the profit is recognized over the life of the lease, but distinct from the other income of the lease.
Note: For direct financing leases under FAS13, leave the Cost or Carrying Amount field at zero.
IFRS16 & GASB87
Cost or Carrying amount is not used for IFRS16 or GASB87.