Not sure if u read my post properly, but what I have wrote is as
follows:
For leasing i.e. finance (there's also another lease called
operating lease), there is also a need to know the interest
rate, as well as whether it's payment in arrears/advance, plus,
calculation of finance costs (under Current Liabilities and Long
Term Liabilities) etc. More steps are involved.
The interest rate etc pertains to the Finance Lease, not the
operating lease. I have already stated there as 'There is also
another lease called operating lease' in brackets.
Kindly note the word 'also'; in addition, I have indicated as
'For leasing i.e. finance' --> meaning finance lease.
