[jamila123]

I already watch the lectures and they are great thank you for that
but sometimes I don’t really understand the question itself and with a bit of help all became clear

[jamila123]

got it thank you

[jamila123]

thank you so much for replying and sorry about my missing information it is my first time using the ask tutor .

the question is in bpp revision kit 2016- 2017 f3 question 10.2 accruals and prepayment :

Q: A Company pays rent quarterly in arrears on 1 January ,1April ,1July and 1October each year .the rent was increased from 90000 $ per year to 120 000$ per year as from 1 October 20X2.
-what rent expense and accrual in the financial statement for the year ended 31 January 20X3.

-my answer is 100 .000$ rent expense and 20.000$ accruals (as the rent is paid for Feb and March in advance on 1Jan the year ended 31Jan 20X2 ).
-But the right answer is 100.000$ rent expense and 10.000$ accruals

thank you
and please one more question if I am asking about a question in revision kit do I need to write all the question or it is possible to mention the question number and the witch revision kit .

[jamila123]

Hi to all ,
I am actually studying my f3 and I could not understand the reversion kit question for accrual and prepayment
Question 10.2 2016-2017
Why the accrual is 10000and not 20000
The rent is paid in advance for February and March so it shout be an accrual of 2 month prepayment that equal 20000

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