CIMA F2 Question Answer
Entity A entered into a 3 year operating lease on 1 April 20X3. The rentals are £5,000 a year payable in advance with an additional payment of $1,800 payable on 1 April 20X3.
The rental expense to be included in the statement of profit or loss for the year ended 31 December 20X3 will be:
CIMA F2 Summary
- Vendor: CIMA
- Product: F2
- Update on: Jul 29, 2025
- Questions: 268
