In recent years, many banks have sold their freehold property and entered into long-term lease-back arrangements. (a)
Question:
In recent years, many banks have sold their freehold property and entered into long-term lease-back arrangements.
(a) Why would they do this?
(b) How would the transaction be recorded in their financial statements?
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Related Book For 
Accounting And Finance Management For Non-Specialist
ISBN: 9780655703204
1st Edition
Authors: Peter Atrill, Eddie McLaney, David Harvey, Sheridan Titman
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