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Describe the leases the coles currently has

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Question - You are an accountant working at a large Australian company, Coles Group. Your company has a large number of assets through lease (e.g., machines, equipment, and vehicles). The director approached you for a business research report that will help him understand the current lease reporting requirements in Australia, and implications for the company.

Required - Describe the leases the Coles (as the lessee) currently has and how they are recognised, classified and presented in the latest annual report of the company.

Reference no: EM133179338

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