How much rent is apportioned to department K?
...
How much rent is apportioned to department K?
N1200
N1800
N2000
N750
Correct answer is A
Since department K has the biggest shop space, its only fair that it pays the bigger chunk of rent. Hence it would be shared amongst the three department as;
Department k = 1200
L = 800
M = 1000
Total = 3000
Similar Questions
Rent receivable account is an example of ...
Abdul paid off his indebtedness to John by cash. The accounting entries in Abdul's books are: de...
The accounting entries for goods stolen in branch will be to debit ...
A set of rules and procedures guiding the operations of a partnership is called partnership ...
Which of the following is a credit item in an income and expenditure account? ...
An amount set aside to meet expenses whose value is not certain is a ...
Which of the following is not one of the uses of a journal proper? To record ...
A credit purchase of N200 from Osae was posted to the account of Osei. This is an error of ...
Use the following information to answer the given question BOUGHT LEDGER CONTROL ACCOUNT: \(\beg...