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During 2019, Lestrade Ltd paid 110,000 on rental expenses. The accrual for rent as on 1 January 2019 and 31 December 2019 were 20,000
During 2019, Lestrade Ltd paid 110,000 on rental expenses. The accrual for rent as on 1 January 2019 and 31 December 2019 were 20,000 and 30,000 respectively. What is the correct amount to be included in the income statement for 2019 as rental expense? A. 100,000 B. 110,000 C. 120,000 D. 130,000
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