Question
A firm enters into a 3-year lease for equipment: present
value of lease payments at commencement = ₹9,00,000. Useful life of equipment = 5 years. Lessee recognises ROU asset of ₹9,00,000 and lease liability ₹9,00,000. If straight-line depreciation is used over lease term (3 years), annual depreciation = ?Solution
The Right-of-Use (ROU) asset is typically depreciated over the shorter of the lease term or the useful life of the underlying asset. Here, the lease term (3 years) is shorter. Annual Depreciation = ROU Asset / Lease Term = 9,00,000 / 3 = ₹3,00,000.
5 14 56 220 1125 6786
...98 219 75 244 ? 273
12 13 22 47 96 ?
...7 7 14 42 ? 840
...200, 50, ‘?’, 46.875, 82.03125
620 632 608 644 596 ?
...120 119 ? 352 2464 2455
...In the question, three series I, II and III are given. Find the value of x, y and z to establish the correct relation among them and choose the correct...
1335 737 355 141 47 ?
...12 11 21 62 ? 1234