I've never really struggled to "get" any topic in any exam as much as sale and leaseback. It's just baffling to me that they account for it in such a needlessly complex way.
@@سامحسيد-ص8ج you just debit the liability when you pay as per instalments! Just interest gets added when it's due and then normal journal entry of payment of finance liability
Thank you! This is a very helpful video!
simplest explaination thank you!
This stuff is so hard. Damn !
I've never really struggled to "get" any topic in any exam as much as sale and leaseback. It's just baffling to me that they account for it in such a needlessly complex way.
Pretty clear
I have a question
When leaseback and no sale
When lessee receive amount
We say
Dr cash
Cr finance liability
How we settle finance liabilty
@@سامحسيد-ص8ج you just debit the liability when you pay as per instalments! Just interest gets added when it's due and then normal journal entry of payment of finance liability
@@suchitamdekar5792
U mean when I will back this amount with interest
Dr lease liabilty
Dr interest
Cr cash
@@سامحسيد-ص8ج Yeah!
Sir I have question in lease back
no practice / example ??