TX Chapter 3, Example 5

This topic has 2 replies, 2 voices, and was last updated 2 years ago by JillyB.

Viewing 3 posts - 1 through 3 (of 3 total)

Author

Posts
December 1, 2023 at 10:02 am #695794
Fujilandmark
Participant
- Topics: 1
- Replies: 1
Bill grants Richard a lease to a shop on 30 June 2022
Annual rent £5,000 due on 1 July 2022

Isn’t the rent received 5,000 x 9/12 = 3,750?

The answer says £5,000.
December 1, 2023 at 2:36 pm #695805
John Moffat
Keymaster
- Topics: 57
- Replies: 54857
https://opentuition.com/topic/december-1st-2/
December 17, 2023 at 10:46 am #696938
JillyB
Participant
- Topics: 0
- Replies: 899
I know it’s probably too late now but he paid the rent in full therefore the answer is £5000
Author

Posts

Viewing 3 posts - 1 through 3 (of 3 total)

The topic ‘TX Chapter 3, Example 5’ is closed to new replies.