Why does the lessor receive the asset back from the lessee at the end of the lease term? Since it is a sales type lease i thought the lessor would be selling the asset to the lessee at the beginning of the lease term and not getting it back
REG 54,49,69,66, 79
Brodie: Why not?
It's not physical sale but instead how accounting is accounted. No matter what you call the lease, it's is still a lease
© 2020 another71. All rights reserved.
Terms & Conditions | Refund Policy