• 2022-06-07
    Rent paid on 1 October 2002 for the year to 30 September 2003 was $1200 and rent paid on 1 October 2003 for the year to 30 September 2004 was $1600. Rent expense, as shown in the statement of profit or loss for the year ended 31 December 2003, would be:
    A: $1200
    B: $1600
    C: $1300
    D: $1500