At 1 January 2006 the accounts of John Watts show
accrued rent payable of £300. During the year, he pays
rent bills totalling £2,650, including one bill for £750 in
respect of the quarter ending 31 January 2007.
What is the profit and loss charge for rent payable for the
year ended 31 December 2006?
A £2,100
B £2,400
C £2,900
D £3,200
accrued rent payable of £300. During the year, he pays
rent bills totalling £2,650, including one bill for £750 in
respect of the quarter ending 31 January 2007.
What is the profit and loss charge for rent payable for the
year ended 31 December 2006?
A £2,100
B £2,400
C £2,900
D £3,200