alleryStart learning →Operating lease rent is Rs 1,00,000, Rs 1,20,000 and Rs 1,40,000 over three years. Straight-line yearly expense?
ARs 1,00,000
BRs 1,20,000
CRs 3,60,000
DRs 1,40,000
Answer & Solution
Correct answer: B. Rs 1,20,000
Total rent is Rs 3,60,000 over three years, so the straight-line expense is Rs 1,20,000 each year.
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