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Sir what will be the calculations when lease term and accounting period don’t coincide
You need to time apportion the interest since date of last instalment to get to the year end position
I know that the interest doesn’t accrue evenly but this is not a higher mathematics exam! Calculate the full year interest and then time apportion
Ok?
Thanka a lot sir for this and for all other questions that I asked you throughout the session , pray that it all goes well for me tomorrow and in this session! Thanks a lot sir u really really made a lot of difference and your notes the best for any subject I’ve read!
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