Skip to content

Ask the Tutor ACCA SBR

Leases

Aaccastudent6y ago
What will be accounting treatment if the seller-lessee sells an asset and then leases back but not on operating lease but on financing lease :/
stephenwidbergstephenwidbergTutor6y ago#1
From the perspective of the lessee there are no such things as finance or operating leases. All leases except short / low value are treated the same
Sign into reply to this topic.