Short term leases/ Low value assets

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May 26, 2022 at 6:25 am #656469
ilham9089
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Is the calculation of the rental expense to go to profit or loss the same whether the payment is made in advance or in arrears?
May 30, 2022 at 5:32 pm #656892
P2-D2
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Yes, we take the total payments and divide by the number of years on the lease.

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