Explain in your own words why in a finance lease the lessor shows in the statement of

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Explain in your own words why in a finance lease the lessor shows in the statement of financial position a receivable rather than the unamortised amount of the initial investment in the physical asset being leased out.

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Financial Accounting And Reporting

ISBN: 9781292255996

19th Edition

Authors: Barry Elliott, Jamie Elliott

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Question Posted: Nov 04, 2022 01:26 AM

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Explain in your own words why in a finance lease the lessor shows in the statement of

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Financial Accounting And Reporting

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