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Example 2 Adjustments of Rent Complex Operating Expense Form

Example 2 Adjustments of Rent Complex Operating Expense Form

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right good day learners another adjustment that many of you suffer battle with is that of the rent and if we look now in question 36 judgment number 8 it sees the rent for march has already been received now the first thing if we go back to the beginning of the exercise or we look at the pre adjustment trial balance you'll see that we work until the 28th of February so on our timeline and remember I've spoken about timelines to you before you will financial your ends on the 28th of February and that you can get from your trial balance or from the information that's your financial year but you've already received rain for March so in other words it's been 13 months rent yeah that you have received but this rent is next year so apply matching we need to take it away now what we were told is that in the pre adjustment trial balance we've been told that we received an amount of thirty three thousand four hundred now that is the thirteen month

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