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

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 56P

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Question

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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