In addition to the information stated as 7.18 above, you are informed that as at 30 June
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In addition to the information stated as 7.18 above, you are informed that as at 30 June 2010 rent in arrears was £2,500 and rent received in advance £1,500. Identify the related current asset and deferred income as at 30 June 2011:
Transcribed Image Text:
Current asset a £3,500 b £2,500 c £3,000 C d £500 Deferred income £3,000 £3,000 £2,500 None
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Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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