Lease V BuyForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Lease V BuyThis topic has 3 replies, 2 voices, and was last updated 11 years ago by John Moffat.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts September 26, 2013 at 6:34 pm #141436 hemaMemberTopics: 5Replies: 7☆Hi,I’m just going through a question and the phrase “if the machine is purchased, payment will be made in January of the first year of operation”. Will this be at T0? I think the phrase first year is confusing meMany thanksHema September 26, 2013 at 6:36 pm #141438 John MoffatKeymasterTopics: 57Replies: 54478☆☆☆☆☆Yes – assuming that the year end for the company is December, then it would be time 0. September 26, 2013 at 6:42 pm #141440 hemaMemberTopics: 5Replies: 7☆Thank you September 28, 2013 at 10:03 am #141595 John MoffatKeymasterTopics: 57Replies: 54478☆☆☆☆☆You are welcome 🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In