On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.
At 31/12/93, what portion of that amount was prepaid?
A N14,583
B N25,000
C N35,417
D N37,415
Answer is A
Tutors, Past Questions and Projects.
On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.
At 31/12/93, what portion of that amount was prepaid?
A N14,583
B N25,000
C N35,417
D N37,415
Answer is A