On 1 May 2018 Trevor had a debit balance of $3000 on his rent receivable account. Rent received during the year was as follows. 28 May 2018 18000 30 November 2018 16000 On 30 April 2019, $4000 was owing to Trevor for rent for the period ended 30 April 2019. Which entry should be made in the income statement for rent receivable for the year ended 30 April 2019?
✓ Correct Answer
The correct answer is B: $35000
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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