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P 1 % - 1 3 . Accounting for leases - ASPE ( L . O . 1 7 - 1 , L . 0

P1%-13. Accounting for leases-ASPE
(L.O.17-1, L.0.17-2)(Medium -15 minutes)
0. Proble
The following are some of the characteristics of an asset available for lease:
\table[[Inception date of lease,],[Fair value of leased asset,January 1,2019],[Useful life,$100,000
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