A-LevelAccountingPreparation of financial statements9706/12 · May/June 2012 · Q21 Mark

The table shows opening and closing balances for the rent receivable account. start of year $ rent received in advance 4200 rent due in arrears 2000 end of year $ 1600 2400 During the year, $111 000 rental income was received. What is the total rent receivable for the year?

A$110 600

B$111 000

C$113 200

D$114 000

✓ Correct answer

D: $114 000

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Topic: Preparation of financial statements, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2012 Paper 1 Variant 2, question 2.

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