The information below is taken from the accounting records of a business for one financial year. at 1 January: rent paid in advance $4000 during the year ended 31 December: rent paid $41000 at 31 December: rent paid in advance $7000 What amount of rent should be recorded in the statement of profit or loss for the year ended 31 December?
- A$34000
- B$38000
- C$41000
- D$44000