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On 1.1 2016 YZ company leased Equipment from ABC company, the fair value of Equipment OMR680496 and useful life of it 5 years without residual value, the lessee paid rental payments of OMR123000 at the beginning of each year. The lessee's incremental borrowing rate 12%. The balance on 1/1/2016 should be: Select one: O a. OMR373594 O b. OMR474245 O c. OMR123000 O d. None of the options Previous page Next page Question 14 Not yet answered Marked out of 2.00 P Flag question On 1.1 2016 YZ company leased Equipment from ABC company, the fair value of Equipment OMR680496 and useful life of it 5 years without residual value, the lessee paid rental payments of OMR123000 at the beginning of each year. The lessee's incremental borrowing rate 12%. The interest rate on 13/12/2017 should be: Select one: O a. None of the options O b. OMR35451 O c. OMR52430 O d. OmR24945 Previous page Next page