Rent expenses for the year 2005 is?

by | Jun 3 | Accounting WAEC | 0 comments

Use the following information to answer the given question

D
Rent accrued 1st January, 2005 600
Rent paid in 2005 11,300
Rent prepaid 31st December, 2005 500

A. ₦11,400
B. ₦11,300
C. ₦11,200
D. ₦10,200

Correct Answer: Option C

C. ₦11,200

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