On is April 2022 MANENO acquires telephones for its sales forces under a two lease...

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Accounting

On is April 2022 MANENO acquires telephones for its sales forces under a two lease agreement. The terms of the lease require an initial payment of TZS 2,000,000, followed by two payments of TZS 8,000,000 each on 31= March 2023 and 31st march 2024.
REQUIRED:
Show the impact of this lease arrangement on the of financial statement MANENO for the
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