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Business Management (New Syllabus)
IB DP Category 1
Barcelona, Spain, 11 - 13 October 2024
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El Alsson British and American International School (Egypt)
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- Dear RyanThanks for your message.You are correct that the text should state "lessee" (not "lessor"). This has now been corrected.Students do not need to know about sub-leasing, which is illegal in many parts of the world.With thanks and best...
- Dear YanqiThese questions relate to costs and revenues, rather than the financial accounts. At this stage in the course, it does not matter where the costs or revenues are recorded.With best wishes
- Hi Paul,I just wanted to check under advantages of leasing, it mentions the "lessor does not have to purchase equipment". Just confirming, I think this is meant to be lessee as opposed to lessor. While I'm sure the statement "a lessor does...
- But in reality, this part of income may not be recorded in the income statement?