The following is an extract from a lease payment schedule for Lessee Pty Limited.What is the present value of the lease liability at 30 June 2012? $$\begin{array} { | c | c | c | c | }
\hline \text { Date } & \begin{array} { c }
\text { Lease } \
\text { payment }
\end{array} & \begin{array} { c }
\text { Interest } \
\text { expense }
\end{array} & \begin{array} { c }
\text { Present value of } \
\text { lease liability }
\end{array} \
\hline 01 \text { July } 2011 & & & 21506 \
\hline \text { 30 June 2012 } & 3500 & 2,151 & ? \
\hline
\end{array}$$

Question

The following is an extract from a lease payment schedule for Lessee Pty Limited.What is the present value of the lease liability at 30 June 2012? $$\begin{array} { | c | c | c | c | } 
\hline \text { Date } & \begin{array} { c } 
\text { Lease } \
\text { payment }
\end{array} & \begin{array} { c } 
\text { Interest } \
\text { expense }
\end{array} & \begin{array} { c } 
\text { Present value of } \
\text { lease liability }
\end{array} \
\hline 01 \text { July } 2011 & & & 21506 \
\hline \text { 30 June 2012 } & 3500 & 2,151 & ? \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of The following is an extract from a lease payment schedule for Lessee Pty Limited.What is the present value of the lease liability at 30 June 2012? $$\begin{array} { | c | c | c | c | } 
\hline \text { Date } & \begin{array} { c } 
\text { Lease } \
\text { payment }
\end{array} & \begin{array} { c } 
\text { Interest } \
\text { expense }
\end{array} & \begin{array} { c } 
\text { Present value of } \
\text { lease liability }
\end{array} \
\hline 01 \text { July } 2011 & & & 21506 \
\hline \text { 30 June 2012 } & 3500 & 2,151 & ? \
\hline
\end{array}$$

The Following Is an Extract from a Lease Payment Schedule