A company sublets part of its office accommodation. In the year ended 30 June 2009 cash received
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A company sublets part of its office accommodation. In the year ended 30 June 2009 cash received from tenants was $83 700. Details of rent in arrears and in advance at the beginning and end of the year were
All arrears of rent were subsequently received. What figure for rental income should be included in the company’s statement of income for the year ended 30 June 2009?LO1.
a. $84 000
b. $83 400
c. $80 600
d. $85 800 ACCA adapted
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