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Use the information to answer the question...........................30/9/06.........


Question

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 ₦1,850 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?

Options

A)
₦1,710
B)
₦1760
C)
₦2000
D)
₦2240

The correct answer is D.


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