H began trading on 1 July. The company is now preparing its accounts for the accounting...
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H began trading on 1 July. The company is now preparing its accounts for the accounting year ending 30 June year 1. Rent is charged for the year from 1 April to 31 March, and was $1,800 for the year ended 31 March year 1 and $2,000 for the year ended 31 March year 2. Rent is payable quarterly in advance, plus any arrears, on 1 March, 1 June, 1 September and 1 December. The charge to H's statement of profit or loss for rent for the year ended 30 June year 1 is: 000 $1,650 $1,700 $1,850 $1,900 H began trading on 1 July. The company is now preparing its accounts for the accounting year ending 30 June year 1. Rent is charged for the year from 1 April to 31 March, and was $1,800 for the year ended 31 March year 1 and $2,000 for the year ended 31 March year 2. Rent is payable quarterly in advance, plus any arrears, on 1 March, 1 June, 1 September and 1 December. The charge to H's statement of profit or loss for rent for the year ended 30 June year 1 is: 000 $1,650 $1,700 $1,850 $1,900
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Accounting Business Reporting For Decision Making
ISBN: 9780730302414
4th Edition
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
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