Question
A business sublets part of its office accommodation. The rent is received quarterly in advance on 1 January, 1 April, 1 July and 1 October.
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The correct journal entry to record the accrued rental income as at 31 January 20X6 is Dr Accrued Re...Get Instant Access to Expert-Tailored Solutions
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Frank Woods Business Accounting An Introduction To Financial Accounting
Authors: Alan Sangster, Lewis Gordon, Frank Wood
15th Edition
1292365439, 9781292365435
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