微信扫一扫
实时资讯全掌握
| On January 1, year 1, a shipping company sells a boat and leases it from the buyer in a sale-leaseback transaction. At the end of the 10-year lease, ownership of the boat reverts to the shipping company. The fair value of the boat, at the time of the transaction, was less than its undepreciated cost. Which of the following outcomes most likely will result from the sale-leaseback transaction? A. The boat will not be classified in property, plant and equipment of the shipping company. B. The shipping company will recognize the total profit on the sale of the boat in the current year. C. The shipping company will not recognize depreciation expense for the boat in the current year. D. The shipping company will recognize in the current year a loss on the sale of the boat. |
暂无解析 |