[单选题]A company receives rent for its office block.
Rent, receivable quarterly in advance, is received as follows：
|Date of receipt||Period covered||$|
|1 October 20X5||3 months to 31 December 20X5||6,600|
|30 December 20X5||3 months to 31 March 20X6||6,600|
|4 April 20X6||3 months to 30 June 20X6||7,500|
|1 July 20X6||3 months to 30 September 20X6||7,500|
|1 October 20X6||3 months to 31 December 20X6||7,500|
What figures,based on this receipt,should appear in the the financial statements for the year ended 30 November 20X6?
Statement of profit or loss Statement of financial position
A. $28,800 DEBIT Rent in arrears (DEBIT) $2,500
B. $28,800 CREDIT Rent received in advance (CREDIT) $2,500
C. $28,800 CREDIT Rent received in advance (CREDIT) $5,000
D. $28,800 CREDIT Rent in arrears (DEBIT) $5,000
[单选题]A company pays rent 3 months in arrears on 1 January, 1 April, 1 July and 1 October each year. The rent was increased from $120,000 per year to $150,000 per year as from 1 October 20X2.
What rent expense and accrual should be included in the company's financial statements for the year ended 31 January 20X3?
Rent expense $ Accrual $
A. 100,000 20,000
B. 100,000 10,000
C. 130,000 12,500
D. 130,000 10,000