What is the monthly amortization of long-term deferred expenses? For example, how much is the monthly amortization of the long-term prepaid expenses for sporadic maintenance of park properties?

Long-term deferred expenses refer to expenses with an amortization period of more than one year, which are amortized month by month according to the required time. For example, after paying the lease fee for three years, one-sixth of the fee will be amortized every month.

The amortization period of long-term deferred expenses for sporadic maintenance of park property is calculated according to the period before the next maintenance. For example, the next maintenance is five years later, and the maintenance cost is amortized for five years, and the monthly amortization is one sixtieth.

If the maintenance cost is small, it can all enter the current cost.

For reference.