In your own words, Explain when a lessee should capitalise on a lease transaction? In your
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In your own words, Explain when a lessee should capitalise on a lease transaction?
In your own words, Explain how do we account for service costs included within a contract to lease an asset?
In your own words, briefly Explain a 'qualifying asset' and how we report exchange rate differences relating to the acquisition of qualifying assets? Contrast this with the treatment for assets that are not qualifying assets?
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