the following information is relevant to questions 21.3.2 and 23 On1 July 2020, the lessee enters into three yearense of a machinery The guaranteed residual value is $80,000. The lease contract grovides the Lesses with an option to purchases the machinery with a buy back price of $60.000 The machinery is expected to have a useful life of 8 years with residual value of $60.000. The rate of interest charged by the Lessor is 10 The Lessee incans initial direct costs associated with the lease of SX0,000. According to the contract. contracted lease payments will be 5120000 per year in the first three years, made in areas on 20 reach yet Included in each lease payment is a $20.000 per year service and insurance arrangement The following tomation is event to questo 31.12.33 On1 July 2020, the lesse enter into the rease of a machinery The guaranteed Revalce is $30.000 The contact provide the screw an option to purchase the machine with a buyback price of $60000 The machiis expected to three of $30.000. The rate of interest charged by the Los 10 The Lesson rect cos associated with teet 50.000. According to contact contacted se u 300.000 per yene de son coded in At the commencement of the lease, the lessee more judgement et does not intend to is the began puchon Q3.1 2 DO Complete melease payment schedule below Dale Teese payment Interest expense Hextection in lease liability Baloce et case liability 1 July 2020 Jane N21 30 June 2012 30 June 2021 e select Select 3.2 2 Points Calculate the initial right-afwest that the less has to recognise on my 2020 and the depreciation expense associated with the night-ofuse asset that the Lessee has to book for the year ended 30 kune 2021 Show your working Enter your answer Sith this is a company that uns a large cable connecting Melbourne to Singapore Bob Lid Custod est pole ter into a 6-year contact with Both riget to use free secar back fore stands within a cable owned by Smt. The cate only has three black or trends. The son of data fotos a predetermined schedule that Sam Longues are desidesponse to the sand mance Sided to stores forretons of repair and monction Nord According to AASB Se, hold the bow contact beweistomer and te de contact per the following information is relevant to questions 21.3.2 and 23 On1 July 2020, the lessee enters into three yearense of a machinery The guaranteed residual value is $80,000. The lease contract grovides the Lesses with an option to purchases the machinery with a buy back price of $60.000 The machinery is expected to have a useful life of 8 years with residual value of $60.000. The rate of interest charged by the Lessor is 10 The Lessee incans initial direct costs associated with the lease of SX0,000. According to the contract. contracted lease payments will be 5120000 per year in the first three years, made in areas on 20 reach yet Included in each lease payment is a $20.000 per year service and insurance arrangement The following tomation is event to questo 31.12.33 On1 July 2020, the lesse enter into the rease of a machinery The guaranteed Revalce is $30.000 The contact provide the screw an option to purchase the machine with a buyback price of $60000 The machiis expected to three of $30.000. The rate of interest charged by the Los 10 The Lesson rect cos associated with teet 50.000. According to contact contacted se u 300.000 per yene de son coded in At the commencement of the lease, the lessee more judgement et does not intend to is the began puchon Q3.1 2 DO Complete melease payment schedule below Dale Teese payment Interest expense Hextection in lease liability Baloce et case liability 1 July 2020 Jane N21 30 June 2012 30 June 2021 e select Select 3.2 2 Points Calculate the initial right-afwest that the less has to recognise on my 2020 and the depreciation expense associated with the night-ofuse asset that the Lessee has to book for the year ended 30 kune 2021 Show your working Enter your answer Sith this is a company that uns a large cable connecting Melbourne to Singapore Bob Lid Custod est pole ter into a 6-year contact with Both riget to use free secar back fore stands within a cable owned by Smt. The cate only has three black or trends. The son of data fotos a predetermined schedule that Sam Longues are desidesponse to the sand mance Sided to stores forretons of repair and monction Nord According to AASB Se, hold the bow contact beweistomer and te de contact per
