Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 2 (10 marks) willie woggle started in hot

Question 2 (10 Marks) Willie Woggle started in hoteling business on 19 January 2018, and...

70.2K

Verified Solution

Question

Accounting

imageimage

Question 2 (10 Marks) Willie Woggle started in hoteling business on 19 January 2018, and closing his accounts 31 December, 2018. The Rent expenses paid were as follows. Quarters 2018 2019 1" January to 314 March 67327 1" April to 30 h June 60000 67988 1*July to 30th September 66000 75987 15 October to 31 December 66660 80000 Required a) What should the Rent charges be for the year ended 31 December 2018? What should be the double entry of the accruals of year 2018? (3+2=5) b) What should the Rent charges be for the year ended 31 December 2019

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the acceptable methods of accounting for businessoperations in a foreign country? Choose...

Accounting
Q

36 The theory of wave particle duality states that all matter has properties of Oboth...

Physics
Q

What must be the minimum initial speed of the dart so that the combination makes...

Physics
Q

Provide an appropriate response The mean IQ score of adults is 100 with a standard...

Statistics
Q

Soru Evaluate the integral 0 x 4 dx 3TT C 3 16 A 10 Puan...

Calculus
Q

3x 4x 5x

Calculus
Q

Parrot Corporation holds 80% of the voting shares of Sparrow Company....

Accounting
Q

PLEASE FOLLOW THE SAME FORMAT and please include the AP or SP ...

Accounting
Q

Question 25 Which of the following financial statements reports an increase or decrease in net...

Accounting
Q

Save Homework: Assignment 21 Score: 0 of 2 pts 512-12 (similar to) 2 of 4...

Accounting
Q

Northwest Paperboard Company, a paper and allied products manufacturer, was seeking to gain a foothold...

Accounting
Q

REQUIRED Use the information provided below to calculate the amount earned by Joan on 19...

Accounting