Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Business & Careers > Accounting   »   Journal entry for free rent

 
Thread Tools Display Modes
Question
 
 
#1  
Old Oct 1, 2007, 03:44 PM
CherylAccountant
New Member
CherylAccountant is offline
 
Join Date: Oct 2007
Posts: 1
CherylAccountant See this member's comment history on his/her Profile page.
Journal entry for free rent

We rent office space for 6 years, first year is free (value is $192,000). Rent goes up each year 5%. We want our P&L to reflect the free rental expense ($192,000) in the first year. What would be all the transactions for the subsequent years?

Reply With Quote
 
     



Thread Tools
Display Modes

 
Similar Sponsors

Similar Threads
Question Asker Forum Answers Last Post
Journal entry lasysavane Accounting 2 Sep 9, 2007 01:09 AM
Journal Entry kvaness1 Accounting 0 Jun 12, 2007 07:41 PM
journal entry vmop30 Finance & Accounting 1 Feb 4, 2007 08:07 PM
journal entry help tjharris Accounting 0 Nov 13, 2006 06:46 AM
Journal Entry - Confused Student Finance & Accounting 1 Jun 25, 2006 01:04 PM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 12:52 AM.