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If I have a monthly accounting cycle and i start my business on jan 1st and on jan 1st I rented a place that cost
If I have a monthly accounting cycle and i start my business on jan 1st
and on jan 1st I rented a place that cost 21,000 SAR annually to start the business. The full
payment due in Dec. 31, 2020.
How should i recorded this transcation on jan 1st and jan 31 based on the accrual basis.
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