In September 2010 Alison paid $7800 for rent for the four months from 1 October 2010. What

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In September 2010 Alison paid $7800 for rent for the four months from 1 October 2010. What ■ should be reported on Alison’s statement of financial position at 30 November 2010?

a. An accrual of $3900

b. An accrual of $1950

c. A prepayment of $3900

d. A prepayment of $1950 ACCA adapted LO1.

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