LEASES

This topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.

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August 24, 2019 at 2:20 am #528574
mehazia
Participant
- Topics: 54
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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?
August 27, 2019 at 9:07 pm #540173
P2-D2
Keymaster
- Topics: 4
- Replies: 7235
Hi,

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
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