Fixed payments depending on an index and rent free period – Last part
The first part of calculations and background information for the simple case IFRS 16 Leases is discussed on the web page linked here.
We will not repeat every quarterly payment/journal entry. However the quarterly payment as at 1 December 2015, the year-end financial closing entries and the indexing as at 1 March 2016 will be discussed here.
Qtr payment 1 December 2015:… Read more