Alistair rents three shops and maintains one account for rent and rates for all three premises. The

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Alistair rents three shops and maintains one account for rent and rates for all three premises.

The rents are fixed for each year and increases take effect as from 1 January.

At 1 January 20X0, he had paid all of the rent up to date, but there was a prepayment in relation to rates of £1,100.

During the year ended 31 December 20X0 he made the following payments:

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Write up the rent and rates account for 20X0 showing the total profit and loss account charge.

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Accounting Theory And Practice

ISBN: 9780273651611

7th Edition

Authors: M. W. E. Glautier, Brian Underdown

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