A trader commenced business on 1 February 2003. He paid rent on his premises as follows. Which

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A trader commenced business on 1 February 2003. He paid rent on his premises as follows.

Which amount for rent should be shown in the Profit and Loss Account for the year ended 31 January 2004?

A. $6900

B. $7600

C. $7800

D. $9000

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 27, 2023 09:16 AM

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A trader commenced business on 1 February 2003. He paid rent on his premises as follows. Which

Question:

Date 1 Feb 2003 1 Apr 2003 1 Jul 2003 1 Oct 2003 1 Jan 2004 Period 1 Feb - 31 Mar 1 Apr - 30 Jun 1 Jul - 30 Sept 1 Oct - 31 Dec 1 Jan - 31 Mar Amount $1200 $1800 $1800 $2100 $2100

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To determine the amount of rent that should be shown in the Profit and Loss Account for t...View the full answer

Accounting A Level And AS Level

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