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Leases

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

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November 2, 2019 at 6:32 am #551411
alikhakar
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- Topics: 187
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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 :/
November 2, 2019 at 8:04 am #551417
Stephen Widberg
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- Topics: 15
- Replies: 3349
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
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