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Ask the Tutor ACCA FR

LEASE ROU

MMitho0076y ago
in matter related to payment in advance,,Isn't initial payment included in the calculation of the Right of use of an asset?,,because Mr Chris didn't add the 5000 to the (present value and direct cost less incentive).
P2-D2P2-D2Tutor6y ago#1
The right of use asset is the present value of the minimum lease payments and this has been included in the calculation. Thanks
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