In a sales-leaseback transaction
A) the sale and leaseback are treated for accounting purposes as separate transactions.
B) any profit on the sale should, in general, be deferred and amortized by the seller-lessee.
C) any loss up to the amount of the difference between undepreciated cost and fair value should be deferred and amortized by the seller-lessee.
D) any lease of land alone must be classified as an operating lease.
B
Business
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