office rent deposit

Posted by Jasper21 PM | on Thu, 17/05/2012 - 11:38 883 2 comments | report

Client is renting an office over a three year period. Clearly, an operating lease. Can someone advise accounting treatment for the initial depositon the property?

Should I apportion this and charge to P&L in accordance with the rental expenditure? If not, what?

Comments

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Treat it as

Cloudcounter | Thu, 17/05/2012 - 11:57

straight to the balance sheet

Craigie_Bhoy | Thu, 17/05/2012 - 12:06