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Lease Accounting Classifier
Classify lease agreements and compute ROU asset and lease liability under IFRS 16.
Updated June 2026
The prompt
For {{lease_contract_summary}}, determine if it is a finance or operating lease under IFRS 16. Calculate ROU asset, lease liability, depreciation schedule, and interest expense using {{discount_rate}} incremental borrowing rate. Provide journal entries for initial recognition and year-end adjustment.
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AI Khazna
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