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Advise client on the measurement method of the asset

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On 1 February 2018, Advanced Home S dn Bhd, signed a leasing agreement with acustomer of machinery for 5 years. The cost of the asset is RM100,000 and interestis to be charged at 6. 5% per annum. You are the external consultant of the companyand the accountant needs your advice on the accounting treatment under MFRS 16,Leases.

Required:

Question 1: Advise your client on the measurement method of the asset held under finance leaseand the monthly payments from operating leases.

Reference no: EM132609120

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