. Which of the following is an example of off-balance sheet finance? (a) The unconditional sale of...

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. Which of the following is an example of off-balance sheet finance?

(a) The unconditional sale of a building to an unrelated company.

(b) Borrowing on overdraft from a bank.

(c) Borrowing secured on assets reported on the statement of financial position

(balance sheet).

(d) The sale and leaseback of a building which continues to be used by the company.

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Related Book For answer-question

Financial Accounting

ISBN: 9781292244471

8th Edition

Authors: Pauline Weetman

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Question Posted: Mar 06, 2024 07:00 AM

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. Which of the following is an example of off-balance sheet finance? (a) The unconditional sale of...

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Financial Accounting

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