5. 6. A business compiling its financial statements for the year to 31 July each pays rent quarterly in advance on 1 January, 1 April, 1 July and 1 October each year. The annual rent was increased from RM48,000 per year to RM72,000 per year as from 1 October 2019. What figure should appear for rent expense in the business's statement of profit or loss and other comprehensive income for the year ended 31 July 2019? A. RM66,000 B. RM60,000 C. RM68,000 D. RM56,000 A company has sublet part of its office and in the year ended 30 November 2019 the rent receivable was: Until 30 June 2019 RM8, 400 per year From 1 July 2019 RM9, 600 per year Rent was paid quarterly in advance on 1 January, April, July, and October each year. What amounts should appear in the company's financial statements for the year ended 30 November 2013. A. Rent receivable RM8,900 B. RM8,900 ABCD C. RM9,000 D. RM9,000 Statement of financial position RM1,600 in sundry payables/accruals RM800 in sundry payables/accruals RM800 in sundry payables/accruals RM1,600 in sundry receivables/accrued income