@@VertexLearningSolutionsLLCfirst thank you sir My question in leaseback fail sale I am a lessee and sell my asset to lessor but I am still use it all benefits and risks not transfer to lessor so it is no sale case leaseback and enter in lease agreement with leassor and he lease me my asset with 12 million I I received 10million So I say Dr cash 10m Cr finance liability 10 m How I will amortized finance liabilty And does I record it with 10 m or present value
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I have question sir in leaseback no sale
Hi. What is your question ?
@@VertexLearningSolutionsLLCfirst thank you sir
My question in leaseback fail sale
I am a lessee and sell my asset to lessor but I am still use it all benefits and risks not transfer to lessor so it is no sale case leaseback and enter in lease agreement with leassor and he lease me my asset with 12 million I I received 10million
So I say
Dr cash 10m
Cr finance liability 10 m
How I will amortized finance liabilty
And does I record it with 10 m or present value
@@VertexLearningSolutionsLLC
Sir is my question clear