Camilus pays rent regularly quarterly in advance on 1 March, 1 June, 1 September and 1 December. Annual rent, agreed at £180,000, has been increased to £240,000 from 1 July 2010. An additional £10,000 was paid on 1 July 2010. The amount to be expensed in the year to 31.12.2010 and reported as Prepaid as at that date would be:

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Expense Prepaid a £240,000 £60,000 b £180,000 £70,000 C c £210,000 £55,000 d £210,000 £40,000