As 19 doubt

Hi everyone..

In case of operating lease , how is lease rental payment recognized? say if it is 300000 p.a for 5 years what should be the answer?

Replies (2)

300000 divided by 60.

Operating Lease Expense should be recognise on the SLM (Straight Line Method)

i.g.  Oeprating Lease cost/Total Number of Month

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