【多选题】On 1 April 20X3, LJB sold a freehold property to a finance house for $7 million. The contractual terms require LJB to repurchase the property on 31 March 20X6 for $8.8 million. LJB has the option to r...
A.
As the option to repurchase has not been exercised, LJB should derecognise the property and record a profit on disposal of $1 million in the statement of profit or loss
B.
LJB would recognise the property as part of its non-current assets at 31 March 20X4
C.
LJB would recognise a liability of $7 million in its statement of financial position at 31 March 20X4
D.
Finance costs of $0. 6 million will be recorded in the LJB statement of profit or loss during the year ended 31 March 20x4.