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Sale and leaseback

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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January 9, 2021 at 10:17 am #605349
osamasyed123
Participant
- Topics: 51
- Replies: 42
Sir there appears to be no lectures on sale and leaseback in IFRS16 topic should we leave it?
January 9, 2021 at 2:35 pm #605370
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3427
Don’t leave it! We haven’t got round to recording this yet.
Just focus on the first example where the sale is at FV
Big picture
Dr Right of use Asset x -learn how to calculate
Dr Cash x
Cr Liability x
Cr PPE x
Dr or Cr P&L – bal figure
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