Determine the amount of prepaid rates?

By: |Published on: Dec 7|Categories: Accounting JAMB| 0 comments

Given:
Rates paid during the year amounted to N2,250 at N125 per month and 1,035 was paid for electricity in the same period at N115 per month.

A. N345
B. N750
C. N1,380
D. N1,500

Correct Answer:

Option B – N750

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