On 1 September 20.18 Lloyd Traders received a prepayment for an amount of R82 550 from a client that is currently occupying part of Lloyds office building under a lease agreement. The prepayment is the rent for 13 months. The prepayment transaction has not yet been recorded in the accounting books of Lloyd Traders. The current financial period ends on 28 February 20.19.

The correct journal entries (including cash transactions) that need to be processed, to ensure that the rental income amount to be disclosed in the statement of profit or loss and other comprehensive income for the year ended 28 February 20.19 is correct?

What are the entries?

There are 4 of them.

Include details, amount and whether its CR or DR