Max, a trader, who had been in business many years, rented additional premises from 1 April 1984. The following are his payments:

Max has an accounting year ending 31 December.

Required:

Write up

(a) rent account and

(b) rates account for the year to 31 December 1984 and the year to 31 December 1985.

Transcribed Image Text:

Date 30.4.84 Rates for half-year to 30.9.84 10.7.84 300 Rent for quarter to 30.6.84 (500 p.a.) 125 10.10.84 Rent for quarter to 30.9.84 125 31.10.84 Rates for half-year to 31.3.85 300 7.1.85 Rent for quarter to 31.12.84 125 7.4.85 Rent for quarter to 31.3.85 125 30.4.85 Rates for half-year to 30.9.85 350 8.7.85 Rent for quarter to 30.6.85 150 (increased to 600 p.a.) 4.10.85 Rent for quarter to 30.9.85 150 31.10.85 Rates for half-year to 31.3.86 350