Discussion:Reimbursement of previoulsy capitalized costs

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Discussion Forum Index --> Accounting Questions --> Reimbursement of previoulsy capitalized costs


Rjpcpa (talk|edits) said:

10 April 2013
Tenant incurred LHI costs as the result of landlord not performing under the lease. The tenant continued to accrue the rent but withheld payment for period of time. When the rent was eventually paid, the tenant withheld a portion representing the previously capitalized LHI. Is an adjustment made to the previously capitalized LHI or to current year rent expense?

Captcook (talk|edits) said:

10 April 2013
Are you asking for GAAP or tax?

Rjpcpa (talk|edits) said:

10 April 2013
GAAP

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