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Question · Financing activities

Marlisse's lease liability moves from 840,000 to 910,000. New leases were recognised for 260,000 and interest for the year amounts to 38,000, paid in full with the lease payments (case data; measurement under IFRS 16). Compute the principal payments presented in financing and total lease payments made.

Opening lease liability
840,000
Closing lease liability
910,000
New leases recognised
260,000
Interest for the period
38,000
Your answer

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