rent due to landlord journal entry: Rs 500 paid for rent is debited to Landlords Account For the above error, what is the rectification entry? Largest Online Education Community
Even if a high certainty the performance or usage the variable lease payment is based on will be achieved does exist, the payments are not included in the lease liability measurement. While it is highly probable performance or usage will occur, neither of these things are unavoidable by the lessee until after they have been …