Categories: Accounting WAEC

Rent expense for 2018 was

Use the following information to answer this question

GH¢
Monthly rent payable 3,000
Rent paid on 01/01/2018 48,000

 

A. GH¢84,000
B. GH¢48,000
C. GH¢36,000
D. GH¢12,000

Correct Answer:

Option C = GH¢36,000

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