Use the following information to answer the given question
Rent receivable accrued 1/01/2005D3,000 Rent received during the year 2005D5,000 Rent receivable accrued 31/12/20052,600
The entry for rent received in the profit and loss account for the year ended 31st December 2005 is
A credit profit and loss account with D4,500
B credit profit and loss account with D2,500
C debit profit and loss account with D2,500
D debit profit and loss account with D,500
Answer is D
