in eg 5 and eg 1..if the case was in advance nd the rent free period was given ..then how will it be accounted..?
the years to be taken?
Ask the Tutor ACCA SBR
LEASES
7y ago#1Hi,
We would still calculate the expense/income in the same fashion. The payment in advance would not impact the amount recognised through profit or loss.
Thanks
Sign into reply to this topic.