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Rent owing as at 31st December 1998, N800. Rent paid up to 31st December 1998,...

Accounts - Principles of Accounts
WAEC 2000
Rent owing as at 31st December 1998, N800. Rent paid up to 31st December 1998, N1,700. Rent owing as at 1st January 1998, N500. Rent charged to the profit and loss account for the year 1998 is
  • A. N2,000
  • B. N1,700
  • C. N1,400
  • D. N1,300
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Correct Answer: Option A
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