Kaplan Exam kit - Question no 25 (i)
My query may come across as silly, but I am unsure as to how the transaction was not considered as a sale; and the criteria to apply IFRS 15 to determine whether a transaction is sale and leaseback or not?
could you please explain?
thanks in advance!
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Sale and Leaseback
I don't have copies of the kits so you will need to provide more details - what is the Q name/exam session. What does it say in the scenario? And in the answer?
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