Accounting WAEC

Rent expenses for the year 2005 is?

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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