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A sale-leaseback transaction is one in which the owner of an asset sells it and immediately leases it back from the buyer. Which of the following is not an accurate description of the accounting for sale-leaseback transactions? A. Sale-leaseback accounting applies when all or part of the asset is sold and leased back for all or part of its remaining usefut life. B. Collateralized borrowing arrangements are accounted for as a sale-leaseback. C. The buyer of the property becomes the buyer/lessor for purposes of accounting. D. The seller of the property becomes the seller/lessee for purposes of accounting