Triage has paid the following rent bills in the year ended 31 December 2020: £3,000 for the 3 months ended 28 February 2020 £4,500 for the 3 months ended 31 May 2020 £4,500 for the 3 months ended 31 August 2020 £6,000 for the 3 months ended 30 November 2020 In March 2021 he received a bill for £6,000 for the 3 months ended 28 February 2021. What is the charge to P/L for rent for the year ended 31 December 2022? a) £24,000 b) £20,000 c) £18,000 d) £19,000
Triage has paid the following rent bills in the year ended 31 December 2020: £3,000 for the 3 months ended 28 February 2020 £4,500 for the 3 months ended 31 May 2020 £4,500 for the 3 months ended 31 August 2020 £6,000 for the 3 months ended 30 November 2020 In March 2021 he received a bill for £6,000 for the 3 months ended 28 February 2021. What is the charge to P/L for rent for the year ended 31 December 2022? a) £24,000 b) £20,000 c) £18,000 d) £19,000
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter3: Accrual Accounting
Section: Chapter Questions
Problem 8MCQ: Hurd Inc. prepays rent every 3 months on March 1, June 1, September 1, and December 1. Rent for the...
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Triage has paid the following rent bills in the year ended 31 December 2020:
£3,000 for the 3 months ended 28 February 2020 £4,500 for the 3 months ended 31 May 2020 £4,500 for the 3 months ended 31 August 2020 £6,000 for the 3 months ended 30 November 2020
In March 2021 he received a bill for £6,000 for the 3 months ended 28 February 2021.
What is the charge to P/L for rent for the year ended 31 December 2022?
a) £24,000
b) £20,000
c) £18,000
d) £19,000
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