Use the following information to answer this question              …

Accounts - Principles of Accounts WAEC 2021

Use the following information to answer this question
                                                    GH¢
Monthly rent payable                  3,000
Rent paid on 01/01/2018          48,000

Rent expense for 2018 was 

  • GH¢84,000
  • GH¢48,000
  • GH¢36,000 checkmark
  • GH¢12,000

The correct answer is: C

Explanation

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