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Sale and leaseback

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Sale and leaseback

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.
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  • June 2, 2021 at 8:55 pm #622841
    nk16
    Participant
    • Topics: 71
    • Replies: 39
    • ☆☆

    For sales and leaseback question do we always need to explain n show the calculation of both aspect …if transfer is sale or not sale …..if from the criteria we have already recognize the transfer is not a sale n we have shown the way to account for it…. Do we still need to show for sale also

    June 3, 2021 at 8:42 am #622906
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    No – decide whether or not there is a sale and then explain the accounting .

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