CFC Exame De Suficiência Practice Questions - CFC Exame De Suficiência Em Contabilidade Exam

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On January 1, 2026, a company entered into a 5-year non-cancellable lease contract for an administrative building, with annual fixed payments of R$ 60,000.00 due at the end of each year. The present value of the lease payments discounted at the lessee's incremental borrowing rate is R$ 227,450.00. In accordance with NBC TG 06 (R2) / CPC 06 (R2) (Arrendamentos), how should the lessee initially record this transaction?

Debit Operating Rent Expense (Despesa de Aluguel) and Credit Cash/Banks for R$ 60,000.00 annually, with no balance sheet recognition of assets or liabilities. Debit Right-of-Use Asset and Credit Lease Liability for the nominal undiscounted sum of R$ 300,000.00. Debit Right-of-Use Asset (Ativo de Direito de Uso) and Credit Lease Liability (Passivo de Arrendamento) for R$ 227,450.00. Debit Prepaid Expenses in Current Assets and Credit Cash for R$ 227,450.00.

Correct Answer:

Debit Right-of-Use Asset (Ativo de Direito de Uso) and Credit Lease Liability (Passivo de Arrendamento) for R$ 227,450.00.

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