Osborne book Practice Assessment 2, task 3

Monia

Hi,

Can anyone please help with this one? The answer is £4,400.00, I know it's an accrual but I can't figure it out.

Krisso

Looking at the question I believe if you subtract the amounts paid through the year £4000 from the agreed new rate at Feb you are left with £1200.

4/12ths of £1200 = £400 representing the increase in rent for 4 months (Sept to Dec)