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I need this Answer at half time Example: On 1-5-2015- Al-Nasr Company paid in cash the amount of the company's warehouse rent amounting to 42000
I need this Answer at half time
Example: On 1-5-2015- Al-Nasr Company paid in cash the amount of the company's warehouse rent amounting to 42000 dinars. If you know that the monthly rent is 3500 dinars. Required: 1. Treating the above process, considering that all the paid amount is an expense (first method). Y. Treating the above process considering that all the paid amount is present (the second method). Example: On 1-5-2015- Al-Nasr Company paid in cash the amount of the company's warehouse rent amounting to 42000 dinars. If you know that the monthly rent is 3500 dinars. Required: 1. Treating the above process, considering that all the paid amount is an expense (first method). Y. Treating the above process considering that all the paid amount is present (the second method)Step by Step Solution
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