Many landlords require rent payments to increase if the lessees business performs well. Lease agreements often require
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Many landlords require rent payments to increase if the lessee’s business performs well. Lease agreements often require the lessee to pay the greater of the scheduled rent per the agreement or rent based on a percentage of sales. How would a lessee account for the rent payments in this situation?
Related Book For
Applying International Financial Reporting Standards
ISBN: 978-0730302124
3rd edition
Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise
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