Accounting 0452 · IGCSE · Other payables and other receivables

Other payables and other receivables — practice question

Martha lets out a section of her business premises. On 1 September 2021, rent owing to her amounted to $1500, and by 31 August 2022 this had risen to $1800. Over the year ended 31 August 2022, Martha collected rent of $6000. What amount was transferred to Martha’s income statement for the year ended 31 August 2022?

  • A$2700
  • B$5700
  • C$6300
  • D$9300

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