Buyback scheme

How to account machinery purchased under buyback scheme.
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Quick Summary
This discussion explores the accounting treatment for machinery acquired through a buyback scheme. It questions whether such transactions should be classified as sale and leaseback arrangements. Specifically, it addresses how to account for the purchase when an old piece of equipment is traded in, with its value deducted from the new purchase price.

Whether it is sale and lease back transaction??
If its purchase under buy buyback
giving back old equipment and purchasing new equipment, deducting some amount for giving old equipment

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