On is April $2022$ MANENO acquires telephones for its sales forces under a two lease agreement. The terms of the lease require an initial payment of TZS $2,000,000,$ followed by two payments of TZS $8,000,000$ each on $31=$ March $2023$ and ${31}^{st}$ march $2024.$

REQUIRED:

Show the impact of this lease arrangement on the of financial statement MANENO for the