What factors would influence whether an agreement with a supplier is considered to be a lease and

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What factors would influence whether an agreement with a supplier is considered to be a ‘lease’ and therefore would require lease assets and lease liabilities to be recognised?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 05, 2023 02:15 PM

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What factors would influence whether an agreement with a supplier is considered to be a lease and

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Basically if a lease exists using the definition within the accounting standard and if the lease is for a period of more than 12 months and is for an ...View the full answer

Financial Accounting

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