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LEASE ROU

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › LEASE ROU

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by P2-D2.
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  • Author
    Posts
  • July 3, 2020 at 4:01 pm #575847
    balleith
    Member
    • Topics: 1
    • Replies: 19
    • ☆

    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).

    July 3, 2020 at 4:08 pm #575848
    balleith
    Member
    • Topics: 1
    • Replies: 19
    • ☆

    the above claim was made in relation to this link https://youtu.be/oN8Xd5V5m2Q

    July 11, 2020 at 9:14 am #576545
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    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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