Wycena i sprawozdawcze ujęcie transakcji leasingowych
Valuation and reporting of lease transactions

Summary/Abstract: The article presents problems connected with the rules for classification, valuation and presentation in financial statements of lease transactions based on Polish Accounting Standard No. „Leases and hire purchase contracts”. Different lease payments are described, and rules of presentation in financial statements of assets, liabilities, expenses and revenues (income) connected with lease transaction (for a finance and an operating lease) are presented from the lessee and lessor point of view. Accounting treatment alternatives with regard to the interest component of lease payments in finance leases are described, and the nature of sale and leaseback transactions and their influence on the lessee's financial statements is presented. Attention was also paid to the issue of expenses and revenues (income) presentation in income statement of the lessor depending on the type of its basic activity.

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