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The Following Is an Extract from a Lease Payment Schedule

Question 71

Multiple Choice

The following is an extract from a lease payment schedule for Lessee Pty Limited.Assuming Lessee Pty Limited uses the current/non-current dichotomy to disclose liabilities,what are the amounts of (a) current liabilities; and (b) non-current liabilities,relating to this lease,disclosed by Lessee Pty Limited at 30 June 2012? The following is an extract from a lease payment schedule for Lessee Pty Limited.Assuming Lessee Pty Limited uses the current/non-current dichotomy to disclose liabilities,what are the amounts of (a) current liabilities; and (b) non-current liabilities,relating to this lease,disclosed by Lessee Pty Limited at 30 June 2012?   A)  (a)  current 2,601; (b)  non-current 26,012. B)  (a)  current 1,976; (b)  non-current 13,268. C)  (a)  current 1,796; (b)  non-current 15,243. D)  (a)  current 1,633; (b)  non-current 17,039. E)  Cannot determine from the information provided above.


A) (a) current 2,601; (b) non-current 26,012.
B) (a) current 1,976; (b) non-current 13,268.
C) (a) current 1,796; (b) non-current 15,243.
D) (a) current 1,633; (b) non-current 17,039.
E) Cannot determine from the information provided above.

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