a business owns its own freehold property and sublets part of the premises to another business at an annual rental…

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a business owns its own freehold property and sublets part of the premises to another business at an annual rental of £6000. at 1 january 2012 there was £1000 of rental owning and during the year ending 31 december 2012 £5500 was received in rental income. write up the rental income accounts showing cleary any balance carried down at 31 december 2012

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