Rent owing as at 31st December 1998, N800. Rent paid up to 31st December 1998, N1,700. Rent owing as at 1st January 1998, N500. Rent charged to the profit and loss account for the year 1998 is
N2,000
N1,700
N1,400
N1,300
Correct answer is A
No explanation has been provided for this answer.