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On 30 June 2017 Gisborne Ltd lease a vehicle to Tauranga Ltd. Gisborne Ltd had purchased the vehicle on that day for its fair value

On 30 June 2017 Gisborne Ltd lease a vehicle to Tauranga Ltd. Gisborne Ltd had purchased the vehicle on that day for its fair value of $89,721. The lease agreement contained the following: Lease term ...

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