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Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:
  • a)
    Rs. 1,200
  • b)
    Rs. 1,600
  • c)
    Rs. 1,300
  • d)
    Rs. 1,500
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Rent paid on 1st October, 2015 for the year to 30th September, 2016 wa...
01-10-15 to 30-09-16
Rent = 1,200
01-01-16 to 30-09-16
Rent = 1,200 × 9/12 = 900
01-10-16 to 30-09-17
Rent = 1,600
01-10-16 to 31-12-16
Rent = 1,600 × 3/12 = 400
Rent for the year 2016
= Rent from 01-01-16 to 30-09-16 + Rent from 01-10-16 to 31-12-16
= 900 + 400
= 1,300/-
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Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer?
Question Description
Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer?.
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Here you can find the meaning of Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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