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AS-19 Leases

Doubt regarding finance charges in the pic In the top it is given assuming zero residual value but at 5th year 25000 of guaranteed residual value is added why is it could you please help me sir

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Screenshot_2021-03-04-20-21-17-038_com.google.android.youtube.jpg


SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

295

04-Mar-21 21:41

18

Answers (4)

I think they meant zero unguaranteed residual value. Nevertheless, important to understand the concept here.


Sahibdeep Singh

Sahibdeep Singh

Moderator

06-Mar-21 06:55

Sir I could not understand what concept should I understand here


SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

295

06-Mar-21 08:21

Sir I could not understand what concept should I understand here

The example shows how would finance charge be allocated over lease period. Assume zero residual value means zero UGR here


Sahibdeep Singh

Sahibdeep Singh

Moderator

06-Mar-21 08:25

Ok sir thank you


SREEABITHA SENTHILKUMAR

SREEABITHA SENTHILKUMAR

CA Inter

295

06-Mar-21 09:58

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