Lease payments

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February 16, 2022 at 4:08 pm #648723
hm1995
Participant
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Hello

For lease payments made in arrear why is ‘current liability’ element calculated as the difference between year end balances of two years, why not take the lease amount that would be payable in the next 12 months as its done when lease payments are made in advance.
February 20, 2022 at 8:35 am #648941
P2-D2
Keymaster
- Topics: 4
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Hi,

Have you watched the videos on leases as this is covered in them. If on watching them you still do not understand then please let me know.

Thanks
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