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2015/01/01, A company rent a place for $4,000,000. The place help the company make connection with supplier like transport materials. A company decide change the
2015/01/01, A company rent a place for $4,000,000. The place help the company make connection with supplier like transport materials. A company decide change the place, to suit the company. And A company will restore the place after 3 year lease. The rental has been record, but still need to record cost of restore. A company consider cost about $500,000 to restore in 2018. The interest is 3%, the PV of lease day was around $560,000. Tax rate 30% Number of share 1,000,000 per for $1, and sold 800,000 Make any Adjusting entry change below.
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