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Practice question 9

This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.

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November 29, 2015 at 10:09 am #286094
dipatil
Participant
- Topics: 56
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Hi Sir,
From the practice questions I’m facing a problem getting to the LTL & CL of B and I have another problem with the present value of the finance lease liabilities. Please kindly help me
November 29, 2015 at 9:42 pm #286218
MikeLittle
Keymaster
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Work out the liability as at the end of the year.
Then work out the liability at the end of the next year.
That second liability is the long term liability
The first liability minus the second liability is the current liability
Does that do it for you?
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