In this session, I discuss avvounting for a finance lease from a lessee's perspective including example and journal entries. ✅For more visit: www.farhatlectures.com #cpaexam #intermediateaccounting #accountingstudent
Пікірлер: 11
@trumnq2 жыл бұрын
Thanks for the explanation. It's very useful. I just link the IAS 40 and IFRS 16, and I am wondering whether the ROU asset can be revalued under fair value model or no? For example, the land lease from Industrial park with annual lease payment.
@mohdsaafin14115 ай бұрын
Sir Hope you are doing well Can you explain to me how we achieve present value factor 4.62
@iansande7485 ай бұрын
I got 4.45. What did you get?
@Nancy46064 ай бұрын
@@iansande748 i am also 4.45, maybe 4.62 is wrong.
@9OO.3 ай бұрын
@@Nancy4606It's not wrong, remember it's an annuity due so there's no interest on the first payment as they paid it on the first day. So it would just be 20,000 plus the present value of the payments using 4 years instead of 5. (The first year is the 20k that I added first)
@lindama43049 күн бұрын
Yes, I also want to know how to achieve PVF at 4.62. According to the formula, the PVF should be 1/[1+(1+4%)^5] =0.82, right? Pls advise, thanks!
@prapspartner59686 ай бұрын
Did we add the cost of transporting the asset to the right use of asset?
@LubabaMaha-A4 ай бұрын
Sir pls help me....how to prepare lessor balance sheet and lessee income statement
@ariannashahin19952 жыл бұрын
What happens if you meet more than one of the tests for determining the life to amortize over?
@royaldinesh6110 ай бұрын
Didn't get your question
@LubabaMaha-A4 ай бұрын
Pls anyone help me...what will be the journal entry for yr 2025...??