Question: Pls ANSWER only if 100% SURE Thumbs Up for right answer pls DO consider the amount of blanks ! Current Attempt in Progress Oriole Corp.
Pls ANSWER only if 100% SURE
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Current Attempt in Progress Oriole Corp. which uses IFRS, signs non-renewable, non-cancellable lease agreement to lease robotic equipment from Pharoah Ine. The following information concerns the lease agreement. Using (1) factor tables; (2) a financial calculator, or (3) Excel functions, calculate the amount of the right-of-use asset and lease liability. (Round factor values to 5 decimal ploces, eg. 1.25124 and final answers to 0 decimal plyces, eg. 5,275) The amount of the right-of-use asset Prepare the initial entry to reflect the signing of the lease agreement. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent manualiy. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts. Prepare the initial entry to reflect the signing of the lease agreement. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. if no entry is required, select "No entry" for the account tities and enter 0 for the amounts. Last saved 1 day ago. Attempts: 0 of 3 used Sived work will be auto-submitted on the due date. Auto
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