Question 0

Use the information to answer the question.
..........................30/9/06.......30/9/07.....
............................N.............N.........
Accrued insurance premium...600...........710.......
Prepaid rent income.........490............630......

The cash book includes N1,850 and N,2,100 in respect of insurance premium and rent income respectively.

What amount is to be credited to the profit and loss account in respect of rent income?

  • A.N1,710
  • B.N1760
  • C.N2000
  • D.N2240
  • E.
Objective

Question details

Exam body
JAMB
Subject
Accounts - Principles of Accounts
Year
2009
Question no.
#0
Type
Objective

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