Use the information to answer the question.

……………………..30/9/06…….30/9/07…..
……………………….N………….N………
Accrued insurance premium…600………..710…….
Prepaid rent income………490…………630……

The cash book includes N1,850 and N,2,100 in respect of insurance premium and rent income respectively.

A. N1,710
B. N1760
C. N2000
D. N2240

Correct Answer:

Option D – N2240

 

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