Leaseback

This topic has 1 reply, 2 voices, and was last updated 12 years ago by MikeLittle.

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May 30, 2014 at 7:23 pm #171988
tarek
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Mr mike
When i sell properity 10000 and leas back finance leas what capitalize in financial position and
Profit loss
May 30, 2014 at 7:29 pm #171992
MikeLittle
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Capitalise at the lower of fair value and the present value of the minimum lease payments

Nothing is capitalised in profit or loss – I’m not sure what this part of your post is asking!
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