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Chapter 16 example2 lease

This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.

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June 4, 2016 at 5:54 pm #319385
tharuka111
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Sir in the answer I don’t understand why non current liability of the lease is 11583.shouldn’t it be 12162?
June 4, 2016 at 6:11 pm #319390
MikeLittle
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The obligation disclosed as a current and / or as a deferred liability is the CAPITAL amount outstanding, excluding any interest that may have accrued and is not yet paid
OK?
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