Question: Problem 9 . As an inducement to enter a lease, a lessor granted a lessee ten months of free rent under a six year operating

Problem 9. As an inducement to enter a lease, a lessor granted a lessee ten months of free rent under a six year operating lease.
The lease is effective on March 31,2024 and provided for monthly rental of P114,000 to begin January 1,2025.
-How much is the accrued rent receivable that should be reported for December 31,2025?
a.726,750
b.776,550
c.726,550
d. None of the above

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