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The company signd a 3 years leaseon 1 Aug 2020 to rent commercial premises for $5,000 per month(GST-exclusive) with 2% annual increase to take effect

The company signd a 3 years leaseon 1 Aug 2020 to rent commercial premises for $5,000 per month(GST-exclusive) with 2% annual increase to take effect on 1 August each year. Pay the rent inadvance. Additional information is dereciation rate(straight-line) is 33.33%/pa. Use Excel to prepare lease schedule for the right-of-use asset for the company by month.

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