The lessee under IFRS 16 records a finance lease as an asset and a liability at...
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The lessee under IFRS 16 records a finance lease as an asset and a liability at the present value of the lease payments. fair market value of the leased asset at the lease inception. lower of the present value of the lease payments or the fair market value of the leased asset. total amount of the lease payments. The lessee under IFRS 16 records a finance lease as an asset and a liability at the present value of the lease payments. fair market value of the leased asset at the lease inception. lower of the present value of the lease payments or the fair market value of the leased asset. total amount of the lease payments.
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Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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