Rented property issues
This query is : Resolved
02 June 2021
Hello, everyone..... Good Morning.......
My Company incurred a big amount of contraction expense on rented premises and lease period is 3 years.
now my ques is how can I book these expense ...........
kindly suggest an appropriate accounting method........
thanks in advance
My Company incurred a big amount of contraction expense on rented premises and lease period is 3 years.
now my ques is how can I book these expense ...........
kindly suggest an appropriate accounting method........
thanks in advance
02 June 2021
Capitalise the expenses as lease hold asset and depreciate it over a period of three years.
02 June 2021
What is contraction expense?
02 June 2021
The question is incomplete. Please tell the accounting framework applicable to the company igaap or ind as
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