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A Enterprises has received following income items during the year of 2018. Discount received Rs. 150,000 Rent income Rs. Rs. 375,000 Commission income Rs. 60,000

  1. A Enterprises has received following income items during the year of 2018. Discount received Rs. 150,000

Rent income Rs. Rs. 375,000 Commission income Rs. 60,000

Additional information

  • Discount received amounting to Rs. 30,000 which received during the period is relevant for the subsequent period.
  • Rent income received for 15 months.
  • 10% of commission income received is relevant for the following year.

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