Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Compute the amounts of the carrying amounts
Assignment Instructions
Assignment ID: FG133142944
Question – On January 1, 2001, Manalo Co leased a machine from April Inc.
Information on the lease follows:
Annual rent P200,000
Lease term 10 years
Useful life of Machine 12 years
Implicit interest rate 10%
Lessee’s incremental borrowing rate 11%
Compute the amounts of the carrying amounts of the right-of-use asset and lease liability on December 31, 2001 if the rentals are due:
(a) at the beginning of each lease year and
(b) at the end of each lease year
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