what constitute the cost of right if use asset

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07-03-2021
Business

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what constitute the cost of right if use asset

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Annsewer101 Annsewer101 · Answer 1 · 2021-03-07T16:23:26-05:00

Annsewer101 Annsewer101

07-03-2021

Answer:

What is a Right-of-Use Asset? ... The asset is calculated as the initial amount of the lease liability, plus any lease payments made to the lessor before the lease commencement date, plus any initial direct costs incurred, minus any lease incentives received.

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jennahdeeb jennahdeeb · Answer 2 · 2021-03-08T07:13:32-05:00

jennahdeeb jennahdeeb

08-03-2021

The asset is calculated as the initial amount of the lease liability, plus any lease payments made to the lessor before the lease commencement date, plus any initial direct costs incurred, minus any lease incentives received.

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