Page 111 - FR Integrated Workbook 2018-19
P. 111
Leases
Example 3 cont.
(W1) Balance Interest Balance
b/f @ 5% Paid c/f
31 December 20X1 31,552 1,578 (10,000) 23,130
31 December 20X2 23,130 1,157 (10,000) 14,287
(NCL)
Note that the non-current liability is still calculated as the balance outstanding
immediately after next year’s payment has been deducted.
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