Compute rent for the year ended 31st march,2020 from the following:
Outstanding rent 1.4.2019 31.3.2020
Outstanding rent. Rs.19000 rs.14000
Prepaid rent. Rs.5600 rs.10400
Rent paid during the year rs.297800
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Explanation:
19000+14000 prepaid rent 5600+ 10400 000160
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