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Diman, lessor leased a lot to Dili, lessee for 15 years beginning January 2019, subject to the following terms and conditions: Mothly rental 200000 Advance

Diman, lessor leased a lot to Dili, lessee for 15 years beginning January 2019, subject to the following terms and conditions:

Mothly rental

200000

Advance rental for 2 years

480000

Security deposit

240000

Annual RPT to be paid to lessee

10000

Cost of building constructed by lessee

2800000

Building completed on July 1, 2021

Estimated life of the building 20

How much is the deductible expense of Dili, lesse for 2019,2020,2021,2022. Provide step by step solution

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To calculate the deductible expense for Dili the lessee for the years 2019 2020 2021 and 2022 we need to follow these steps 1 Calculate the annual ren... blur-text-image

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