Stated below is information relating to rental income of a business. During the year to 31 December
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Stated below is information relating to rental income of a business.
During the year to 31 December 2011 £74,500 was received as rent. The rental income for the year ended 31 December 2011 would be:
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As at 31 December Rent received in advance Rent in arrears 2010 2011 £4,500 £6,000 £18,000 £24,000
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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