- XY pays rent of £4,500 in cash and £12,000 by cheque for new premises. The amountshown as a pre-paid expense for the quarter is £2,500. How much should be charged tothe profit and loss account?
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- XY pays rent of £4,500 in cash and £12,000 by cheque for new premises. The amountshown as a pre-paid expense for the quarter is £2,500. How much should be charged tothe profit and loss account?
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