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Donna receives rental income quarterly in arrears. In the year ended 31 December 20X1 she received the following rent: 28 February 20X1 - 6,000
Donna receives rental income quarterly in arrears. In the year ended 31 December 20X1 she received the following rent: 28 February 20X1 - 6,000 31 May 20X1 - 6,000 31 August 20X1 - 6,600 30 November 20X1 - 6,600 Donna recognised the correct amount of accrued income at 31 December 20X0. She has not increased the rental charge post year-end. Calculate the rental income in her profit and loss account for the year ended 31 December 20X1. Calculator
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