A leased asset classified as a finance lease is not subject to depreciation or amortisation.
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Q11: In reference to the statement,'if the non-cancellable
Q12: In a sale and leaseback transaction,if the
Q13: Contingent rent is included in the determination
Q14: AASB 117 applies to accounting for leases,including
Q15: A leased asset under a finance lease
Q17: A guaranteed residual value is that part
Q18: At the commencement of the lease term,lessees
Q19: A non-cancellable lease,which transfers the risks and
Q20: Operating leases are capitalised for inclusion in
Q21: AASB 117 defines the benefits of ownership
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