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Example 2 – Lessee Accounting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Example 2 – Lessee Accounting

  • This topic has 1 reply, 2 voices, and was last updated 11 months ago by P2-D2.
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  • July 9, 2021 at 10:06 am #627272
    Aayush98
    • Topics: 17
    • Replies: 8
    • ☆

    Hi,

    In the situation where the payments are made in arrears, how will this change our calculations and their respective figures in the SFP and SPL?

    Please shed some light on how this will be recorded?

    Waiting to hear from you soon.

    Kind regards,

    Aayush Shah

    July 10, 2021 at 9:45 am #627343
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 6119
    • ☆☆☆☆☆

    Hi,

    It will impact the layout of the lease liability table and where the cash payment is shown. If you do this correctly then all the numbers for the SFP and SPL will come out as a result.

    Thanks

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