What do you mean by Securitization? Explain (2.5 Marks)
ATypes of Securitization

which was the first non-assets, backed Securitization deal in Saudi Arabia?

2-Pass journal entries in the books of the lease contract by creating lease receivable at its net investment in which is equal to the minimum lease payments discounted at the rate of interest implicit in the lease. (2.5 marks)

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