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ABC Lid enters into a non-cancellable 5-year lease agreement with HiFi Lid on 1 July 2019. The lease is for an item of machinery that,

ABC Lid enters into a non-cancellable 5-year lease agreement with HiFi Lid on 1 July 2019. The lease is for an item of machinery that, at the inception of the lease, has a fair value of $202. 769. The...

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