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ADJUSTING ENTRIES YEAR 1 TO CONFORM TO IFRS 1- Dr. Leased Asset-Financing Lease: 26,730 Cr. Minimum Lease Obligation-Financing Lease: 26,730 To record capitalization of the

ADJUSTING ENTRIES YEAR 1 TO CONFORM TO IFRS 1- Dr. Leased Asset-Financing Lease: 26,730 Cr. Minimum Lease Obligation-Financing Lease: 26,730 To record capitalization of the lease 2- Dr. Depreciation E...

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