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Rent paid on 1st October, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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?
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Rent paid on 1st October, 2008 for the year to 30th September, 2009 wa...
Rent per month=1200/12=100 /month,1600 is rent payable for the whole year from 1st Oct.2011 to 30 Sept. 2012, in which we paid rent for only three months of this year (2011)and pre paid for 9 months of the next year ,Hence 1600(payable in year2011) - 3monthx100rs/month(rent paid in this year for 3 months)=1300.
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Rent paid on 1st October, 2008 for the year to 30th September, 2009 wa...
Calculation of Rent for the year ended 31st December 2009:
Rent paid on 1st October 2008 for the year to 30th September 2009 = Rs. 1,200
Rent paid for the period 1st October 2008 to 31st December 2008 (3 months) = 1,200/12 * 3 = Rs. 300
Rent paid for the period 1st January 2009 to 30th September 2009 (9 months) = 1,200 - 300 = Rs. 900
Rent paid on 1st October 2009 for the year to 30th September 2010 = Rs. 1,600
Rent paid for the period 1st October 2009 to 31st December 2009 (3 months) = 1,600/12 * 3 = Rs. 400
Total rent paid for the year ended 31st December 2009 = Rs. 900 + Rs. 400 = Rs. 1,300
Therefore, the correct answer is option 'C' - Rs. 1,300.
Rent paid on 1st October 2008 for the year to 30th September 2009 = Rs. 1,200
Rent paid for the period 1st October 2008 to 31st December 2008 (3 months) = 1,200/12 * 3 = Rs. 300
Rent paid for the period 1st January 2009 to 30th September 2009 (9 months) = 1,200 - 300 = Rs. 900
Rent paid on 1st October 2009 for the year to 30th September 2010 = Rs. 1,600
Rent paid for the period 1st October 2009 to 31st December 2009 (3 months) = 1,600/12 * 3 = Rs. 400
Total rent paid for the year ended 31st December 2009 = Rs. 900 + Rs. 400 = Rs. 1,300
Therefore, the correct answer is option 'C' - Rs. 1,300.
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Rent paid on 1st October, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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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Rent paid on 1st October, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, would be:a)Rs. 1,200b)Rs. 1,600c)Rs. 1,300d)Rs. 1,500Correct answer is option 'C'. Can you explain this answer?.
Rent paid on 1st October, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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, 2008 for the year to 30th September, 2009 was Rs. 1,200 and rent paid on 1st October, 2009 for the year to 30th September, 2010 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2009, 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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