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As the constructions and Resort development continues, Wahyuni Resort rents a two - storage house in the village close to the Resort site for the
As the constructions and Resort development continues, Wahyuni Resort rents a twostorage house in the village close to the Resort site for the management and construction workers. Wahyuni Resort rent the house for three years from January X to X with monthly rental cost of AFZ including the guarantee bond of AFZ which will be returned upon the rental period if the house is well maintained. For the operational of management, the company also rents cars for years period which cost AFZ per month for each car. On September X the eighteen canvas safari tents are purchased from an external supplier for $ and transported to the site for erection transport costs AFZ
How does Wahyuni Resort account for Rented house and cars? Make some calculations and journal entries of the transaction
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