Use the following information to answer the given question
(begin{array}{c|c} text{Rent receivable accrued 1/01/2005} & D3,000\ text{Rent received during the year 2005} & D5,000\ text{Rent receivable accrued 31/12/2005} & 2,600end{array})
The entry for rent received in the profit and loss account for the year ended 31st December 2005 is
(begin{array}{c|c} text{Rent receivable accrued 1/01/2005} & D3,000\ text{Rent received during the year 2005} & D5,000\ text{Rent receivable accrued 31/12/2005} & 2,600end{array})
The entry for rent received in the profit and loss account for the year ended 31st December 2005 is
-
A.
credit profit and loss account with D4,500 -
B.
credit profit and loss account with D2,500 -
C.
debit profit and loss account with D2,500 -
D.
debit profit and loss account with D,500