On the 30/5/93 Tolu & Co. paid 2 years rent of ₦50,000 which was debited to the rent account. At 31/12/93, what portion of that amount was prepaid?

Question 1 Report

On the 30/5/93 Tolu & Co. paid 2 years rent of ₦50,000 which was debited to the rent account.

At 31/12/93, what portion of that amount was prepaid?