QUESTION 2 Provide a journal of the lease expense for the period ended 31 December 2022 The lease commenced on 1 May 2020 and 31 December is the year end. The lease payment is R1200 per month for the first year and R1450 per month for the second year.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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QUESTION 2 Provide a journal of the lease expense for the period ended 31 December 2022 The lease
commenced on 1 May 2020 and 31 December is the year end. The lease payment is R1200 per month for
the first year and R1450 per month for the second year.
Transcribed Image Text:QUESTION 2 Provide a journal of the lease expense for the period ended 31 December 2022 The lease commenced on 1 May 2020 and 31 December is the year end. The lease payment is R1200 per month for the first year and R1450 per month for the second year.
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