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?
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?
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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