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Accounting for Sales and Leaseback Finance Leases IFRS rev 2020
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=litBC3-riRc
This video illustrates how to account for a Sales and Leaseback Finance Lease under IFRS. • The video includes the following learning objectives: • LO1: Record sale of an asset from Lessee to Lessor to be leased in a Sale and Leaseback Transaction including any deferred gains(losses). • LO2: Record purchase of asset for lease by Lessor from the Lessee. • LO3: Review calculation of lease payments (PMT) by Lessor and • Present value of Minimum Lease payments (PV) by the Lessee • LO4: Prepare required journal entries to account for a Sales and Leaseback finance lease for Lessee and Lessor under IFRS. • The data for this problem can be found here: https://drive.google.com/file/d/1fA-B...
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