Respected sir ,
we have taken a building in a lease of 3 years and monthly rent of the building is rs 50000 is paying every months.
Total value of the building is not mentioned in a lease agreement . we are confuse abount where to this lease should be added in a balance sheet in assets side or not?
The building is using for university Purpose and hostel for students.
Hoping your valueable reply.
we heartly thanks to you and your teams.