On 1 November 20.18 Mars Traders paid rental to the amount of R25 740 for 12...
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On 1 November 20.18 Mars Traders paid rental to the amount of R25 740 for 12 months. The pre-adjustment trial balance for the year ended 28 February 20.19 reflected an amount for rental expenses of R25 740 as well as an amount for prepaid rental expenses on 1 March 20.18 of R12 600. The only transaction that has been recorded or processed in the accounting books of Mars Traders regarding rental expenses, related to a payment that was made on 1 November 20.18 and no other transaction or adjustment has been taken into account as yet. The amount for rental expenses to be disclosed in the statement of profit or loss and other comprehensive income for the year ended 28 February 20.19 will be: Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the nearest Rand (eg: 50.56 is 51) 3. Only show the amount, do not show the R (eg: 12141.72) On 1 November 20.18 Mars Traders paid rental to the amount of R25 740 for 12 months. The pre-adjustment trial balance for the year ended 28 February 20.19 reflected an amount for rental expenses of R25 740 as well as an amount for prepaid rental expenses on 1 March 20.18 of R12 600. The only transaction that has been recorded or processed in the accounting books of Mars Traders regarding rental expenses, related to a payment that was made on 1 November 20.18 and no other transaction or adjustment has been taken into account as yet. The amount for rental expenses to be disclosed in the statement of profit or loss and other comprehensive income for the year ended 28 February 20.19 will be: Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the nearest Rand (eg: 50.56 is 51) 3. Only show the amount, do not show the R (eg: 12141.72)
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