Abc ltd has an accounting year end of 30 june 2016 what


Question - ABC LTD receives advance rent from its tenant of $10,000 on 30 June 2016 in respect of office rent for the following year. ABC LTD has an accounting year end of 30 June 2016. What will be the "prepaid income" in this case?

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Accounting Basics: Abc ltd has an accounting year end of 30 june 2016 what
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