Time How lease payment will Kwamasho Traders Pty(Ltd) pay Tayob Inc in the year ending 31 December 2021. Kwamashu Traders Pty (Ltd) leases a desktop from Tayob Inc for a period of 24 months. This lease qualifies as a lease of a low value asset, and thus qualifies for the recognition exemption. Kwamashu Traders Pty (Ltd) chooses to apply the recognition exemption to this lease. The lease payment is R20 000 per month for the first year i (2021) and R25 500 per month for the second year (2022). The lease commenced on 01 April 2021. Kwamashu Traders Pty (Ltd) has a 31 December year end. OA R220 000 OE1306 000 C. R100 000 OD. R240 000 Clear my choice Queso Not yet Marked PFA