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The basis of an experiment is
AASB 16
The Australian Accounting Standards Board standard that specifies the principles for recognition, measurement, presentation, and disclosure of leases.
IFRS 16
An International Financial Reporting Standard that provides guidance on accounting for leases, requiring lessees to recognize assets and liabilities for most leases.
Lease Receipts
Payments received by a lessor from a lessee for the use of an asset during the lease term.
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