please let me know the below confusion:
we have taken building in lease and we are paying montly rent 250000 per month. and the lease period is for 2 years and it can extend futher in second term.
please let me know whether i should add this in the assets side of the balance sheet or not . and please tell how should i do valuation of this assets.
i shall be very grateful to u.
thankyou in advance.