Question
we leased equipment by signing a 6year 6% lease.the pv of the lease is$434500 and the payments are $83560,with the first payment due at the
we leased equipment by signing a 6year 6% lease.the pv of the lease is$434500 and the payments are $83560,with the first payment due at the begining of the lease.there is no guaranteed value. we follow ifrs..At the end of one year, just after the second payment is made, what is the lease liability?
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Fundamentals Of Managerial Accounting Version 3.0
Authors: Kurt Heisinger, Joe Ben Hoyle
1st Edition
1453399410, 9781453399415
