SAME AS THE ONES REFER TO IAS$16$

Example $1$

On $1/1/20$ Alfa Co$.$ acquired the right to publish the book "IAS in Greek" for $$10,000$ payable on $\frac{31}{12}\frac{?}{21}.$ The cost of capital is $10\%.$

The right will be expired in five years.

Calculate the amounts to be reported in the financial statements of Alfa Co$.$ for the years ended $31$ December $2020$ and $31$ December $2021$