Question: MAJOR CASE STUDY - BERT FINNEY, CPA SCENARIO 1: Clayton Realty Corporation Rent Reconciliation For the month ended 31 January 2006 SS Gross apartment rents

MAJOR CASE STUDY - BERT FINNEY, CPA

SCENARIO 1:

Clayton Realty Corporation Rent Reconciliation For the month ended 31 January 2006 SS Gross apartment rents (Schedule A) 1,600,800 Less vacancies (Schedule B) 20,500 * Net apartment rentals 1,580,300 Less unpaid January rents (Schedule C) 7,800 Total 1,572,500 Add prepaid rent collected (Apartment 116) 500 Total Cash Collected 1.573.000 *

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