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Thanks Mark Yeah transition says measure lease liability at present value of remaining payments discounted. Then asset as amount equal to lease liability adjusted by amount of any pre-paid or accrued lease payments. I was looking at measuring asset at full value of lease payments (therefore deprecia...

Hi We have a lease which commenced Oct 2020 for 15 years. We received a 3 month rent free period at the start of the lease. Under old rules the rent-free amount was spread over the life of the lease. So we currently have a figure on our balance sheet reflecting the balance of remaining deferred rent...