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P2 Corporate Reporting (INT)

Welcome to your ACCA Paper P2 homepage. We want you to pass your P2 exam. Our free ExP resources will maximise your chances of success in your exam.

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A finance lease has a payment period of 8 years, with an optional secondary period of 6 years at a nominal rent. The lessee intends to use the asset for 7 years. Over what period the asset should be depreciated?

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