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Ziggy Ltd starts trading on 1 January 2003. Rent details are as follows:

Invoice paid

Period

EUR

02.04.2003

01.1.2003-31.3.2003

3,000

03.07.2003

01.4.2003-30.6.2003

4,000

04.10.2003

01.07.2003-30.09.2003

4,000

06.01.2004

01.10.2003-31.12.2003

5,000

03.04.2004

01.1.2004-31.3.2004

5,000

04.07.2004

01.4.2004-30.6.2004

5,000

06.10.2004

01.07.2004-30.09.2004

6,000

05.01.2005

01.10.2004-31.12.2004

7,000

Calculate the rent expense for the year ended:
(a) 31 December 2003
(b) 31 December 2004.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92094708

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