FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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. A business has received £98,200 of rental income in the year ended 30
September 2021. Details of the rent received in advance and in arrears are
shown below.
Rent received in advance
Rent arrears
30 September 2020
£
2,400
7,000
A. £98,200
B. £104,000
C. £97,300
D. £92,400
30 September 2021
£
4,600
3,400
Which of the following rental income figures should be included in the
income statement for the year ended 31 September 2014?
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Transcribed Image Text:. A business has received £98,200 of rental income in the year ended 30 September 2021. Details of the rent received in advance and in arrears are shown below. Rent received in advance Rent arrears 30 September 2020 £ 2,400 7,000 A. £98,200 B. £104,000 C. £97,300 D. £92,400 30 September 2021 £ 4,600 3,400 Which of the following rental income figures should be included in the income statement for the year ended 31 September 2014?
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