Practice question 9

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November 29, 2015 at 10:09 am #286094
dipatil
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Hi Sir,

From the practice questions I’m facing a problem getting to the LTL & CL of B and I have another problem with the present value of the finance lease liabilities. Please kindly help me
November 29, 2015 at 9:42 pm #286218
MikeLittle
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Work out the liability as at the end of the year.

Then work out the liability at the end of the next year.

That second liability is the long term liability

The first liability minus the second liability is the current liability

Does that do it for you?
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