NS Technologies will sublet part of it building to NM Stores for R12 500 per month from 1 October 20.1 for the current and the next financial year. The financial year of NS Technologies begins on 1 October of every year. The rental income account in the pre-adjustment trial of HS Traders has a balance of R225 000 on 30 September 20.2.

The correct general ledger entries in the rental income account of NS Technologies on 30 September 20.2 are ...

First do the adjustment general ledger entries and then do your closing transfer general ledger entries.