A company has sublet part of its offices and in the year ended 30 November 2003 the rent receivable was:
Until 30 June 2003 $8,400 per year
From 1 July 2003 $12,000 per year
Rent was paid quarterly in advance on 1 January, April, July, and October each year.
What amounts should appear in the company’s financial statements for the year ended 30 November 2003?
Income statement
Rent receivable Balance sheet
A $9,900 $2,000 in sundry payables
B $9,900 $1,000 in sundry payables
C $10,200 $1,000 in sundry payables
D $9,900 $2,000 in sundry receivables

B (7/12 x 8,400) + (5/12 x 12,000) = 9,900
1,000 paid in advance in sundry payables

rent变之前的房租为8400/12*7=4900

同理，变为12000后为12000/12*5=5000

   Rent receivable为4900+5000=9900

 10月份交付了10，11，12月的房租，prepayment为1个月1000