Lessor : Sales type lease

  • Creator
    Topic
  • #2782398
    CPAHOPE
    Participant

    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

    AUD - 78
    BEC - 76
    FAR - 80
    REG - 77
    FAR 80

    REG 79*,77

    AUD 78!!Final

    BEC 76

    "Theres no limit unless you allow it"

    *expired

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  • Author
    Replies
  • #2782497
    Silent
    Participant

    It's not physical sale but instead how accounting is accounted. No matter what you call the lease, it's is still a lease

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