I have a lease rental refundable deposit payed to the lessor Rs. 2,149,807.50
which will be repaid monthly by Rs.75,000 installments and the end of two year lease period the balance value of Rs.349,807.50 will be paid back, annaul inteset rate is 7.98% and monthly rate is 0.665%. How can I do the initial recognition and subsequent measurement.
Please help
