A company receives rent for subletting part of its office block.Rent, receivable quarterly in advance, is received as follows: Date of receipt Period covered $1 October 20X1 3 months to 31 December 20X1 7,500 30 December 20X1 3 months to 31 March 20X2 7,5004 April 20X2 3 months to 30 June 20X2 9,0001 July 20X2 3 months to 30 September 20X2 9,0001 October 20X2 3 months to 31 December 20X2 9,000 What figures, based on these receipts, should appear in the company's financial statements for the year ended 30 November 20X2? Statement of profit or loss Statement of financial position
A、$34,000 Debit Rent in arrears (Dr) $3,000
B、$34,500 Credit Rent received in advance (Cr) $6,000
C、$34,000 Credit Rent received in advance (Cr) $3,000
D、$34,000 Credit Rent in arrears (Dr) $3,000
A、$34,000 Debit Rent in arrears (Dr) $3,000
B、$34,500 Credit Rent received in advance (Cr) $6,000
C、$34,000 Credit Rent received in advance (Cr) $3,000
D、$34,000 Credit Rent in arrears (Dr) $3,000
【参考答案及解析】
Receipt $ 1 October 20X1 ($7,500 x 1/3) 2,500 30 December 20X1 7,500 4 April 20X2 1 July 20X2 9,000 1 October 20X2 (9,000 x 2/3) 9,000 Credit to statement of profit or loss 6.000 (3,000 Credit rent in advance) 34,000
Receipt $ 1 October 20X1 ($7,500 x 1/3) 2,500 30 December 20X1 7,500 4 April 20X2 1 July 20X2 9,000 1 October 20X2 (9,000 x 2/3) 9,000 Credit to statement of profit or loss 6.000 (3,000 Credit rent in advance) 34,000