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Top suggestions for lessor
IFRS 16 Accounting
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IFRS 16 Accounting
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IFRS 16
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Lease Accounting
8:33
YouTube
Edspira
How to Account for a Sales type Lease (Lessor's Perspective)
This video shows how to account for a sales-type lease from the lessor's perspective. At the outset of the lease, the lessor recognizes a lease receivable and sales revenue (as if the asset had been sold to the lessee). Then the lessor recognizes cost of goods sold and reduces its inventory to get the leased asset off its books. The lessor sets ...
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Jun 19, 2017
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