Question 25 Not yet answered On 1 January 2019, a company acquires a machine on...
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Accounting
Question 25 Not yet answered On 1 January 2019, a company acquires a machine on a finance lease. The fair value of the machine on 1 January 2019 is OMR 100,000 and the present value of minimum lease payments is OMR 118,000. The annual lease payment is OMR 10,000 to be paid at the beginning of each year. How much will be the lease liability on 1 January 2019? Marked out of 1.00 Flag question O a OMR 110,000 Ob. OMR 10,000 OG OMR 90,000 Od OMR 100,000

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