How is the lessee to measure the lease liability after the commencement date.

Question

Quizplus · Accepted Answer

All of the above options are measurement requirements for the lessee after the commencement date of the lease. The lessee is required to increase the carrying amount of the lease liability to reflect interest accrued on the lease liability, reduce the carrying amount to reflect any lease payment made, and remeasure the carrying amount to reflect reassessment or lease modifications. Therefore, option D is the correct choice.

How Is the Lessee to Measure the Lease Liability After