jsharrison308 jsharrison308

06-06-2023
Business

Answered

At 1 January 20X5, Michael had a prepayment of GHS200 in respect of rent. He paid GHS1,200 on 1 March 20X5 in respect of the year ended 28 February 20X6. What was the charge to the statement of profit or loss in respect of rent for the year ended 31 December 20X5?

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