Does anyone know how to account for a fixed assets sale that has a lease attached. Let's assume a company bulids cars and also leases the car to someone. My client likes to buy the car from me since it appeals to him/her that a lease is attached (cash flow guarantee). Would I just look at the difference of the NBV and FMV and book the difference to gain/loss or do I need to value the tabgible asset (car) and intangible asset (lease) seprately and allocate gain between both assets?
