Lease Accounting (AS-19) | Concept of Finance Lease | Part 3 |@perfectcommerceconcepts
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Lease Accounting (AS-19) | Concept of Finance Lease | Part 3 |@perfectcommerceconcepts
Lease Accounting (AS-19) | Concept of Finance Lease | Part 3| Question 1. Annual Lease rent Rs 80,000 Lease Duration 5 Years Guaranteed Residual Value Rs 40,000 Fair Value at the beginning of Lease Rs 3,20,000 Interest rate implicit 12.6% p.a Compute i)Present value of minimum lease payment and give journal entry on the date of beginning of ...
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