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REQUIRED Record the adjustment journal entry in respect of rent income in the books of NT Stores as at 28 February 2022. (4 marks) INFORMATION

REQUIRED Record the adjustment journal entry in respect of rent income in the books of NT Stores as at 28 February 2022. (4 marks) INFORMATION The Rent Income account of NT Stores reflected a total of R276 000 on 28 February 2022, the end of the accounting period. This was in respect of rent for an office occupied by a tenant for the entire financial year. The monthly rental was increased by 10% with effect from 01 September 2021 . The rent for February 2022 was due to be received on 01 March 2022

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