A company sublets part of its office accommodation. In the year ended 30 June 2005 cash received from tenants
was $83,700.
Details of rent in arrears and in advance at the beginning and end of the year were:
                                    In arrears                          In advance
                                          $                                       $
30 June 2004                 3,800                                2,400
30 June 2005                  4,700                               3,000
All arrears of rent were subsequently received.
What figure for rental income should be included in the company’s income statement for the year ended 30 June
2005?
A   $84,000
B   $83,400
C   $80,600
D   $85,800

A