Ind 116 - Dealer Lessor - Self Practice Q

Financial Reporting

In the self practice q (after Q47) Revenue has been considered as Lease receivable less the PV of UGRV. I get the underlying logic behind it, as no market rate has been given However would this presentation be good enough in exams? Or do I have to go the long way and calculate the PV of lease payments again? (which is causing some rounding differences)

Vishnu Muraleedharan

CA Final

★ 32K+

20-Mar-26 13:11

182

Answers (2)

Best Answer

till the time you get the final answers correctly, it is not an issue.

CA Suraj Lakhotia

Admin

24-Mar-26 10:08

CA Suraj Lakhotia Admin

till the time you get the final answers correctly, it is not an issue.

Ok sir, thank you

Thread Starter

Vishnu Muraleedharan

CA Final

★ 32K+

04-Apr-26 11:05