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How a charge is divided into year two of four-year contract

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Reference no: EM132812305

Problem 1: Discuss the interplay between IFRS 16 and the flow of payments when calculating annuity loans. Take a brief example of how a charge is divided into year 2 of a 4-year contract, i.e. show which items affect the Income Statement and the Balance Sheet of a company that settles in accordance with IFRS 16.

Reference no: EM132812305

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