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Ben started a business on 1 January 2015 using rented premises. At 31 December 2015 Ben owed $1400 for rent. The rent charge to the Income Statement for the year ended 31 December 2015 was $6000. How much
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Ben started a business on 1 January 2015 using rented premises. At 31 December 2015 Ben owed $1400 for rent. The rent charge to the Income Statement for the year ended 31 December 2015 was $6000. How much was paid for rent during the year?

User Rohit Chopra
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1 Answer

3 votes

Answer:

4600

Step-by-step explanation:

Rent expense is 6000 but he still owed 1400 of that. So he paid 4600 (6000-1400)

User NitrusCS
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