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What do you understand by Interest rate implici...

What do you understand by Interest rate implicit on lease?

What do you understand by Interest rate implicit on lease?

0
Jeeba Mar. 16, 2018

As per AS 19-Lease, the discount rate is the interest rate implicit in the lease which represents the the aggregate present value of

  • the minimum lease payments under a finance lease from the standpoint of the lessor; and
  • any unguaranteed residual value accruing to the lessor, to be equal to the fair value of the leased asset.

0
sankalp Mar. 18, 2018

testing...

What do you understand by Interest rate implicit on lease?

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