On the 30 5 93 Tolu amp Co paid 2 years rent of... - JAMB Accounting 1997 Question
On the 30/5/93 Tolu & Co. paid 2 years rent of N50,000 which was debited to the rent account.
At 31/12/93, what portion of that amount was prepaid?
At 31/12/93, what portion of that amount was prepaid?
A
N14,583
B
N25,000
C
N35,417
D
N37,415
correct option: a
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