At 1 January 2020, Michael had a prepayment of $200 in respect of rent. He paid $1,200 on 1 March 2020 in respect of the

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answerhappygod
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At 1 January 2020, Michael had a prepayment of $200 in respect of rent. He paid $1,200 on 1 March 2020 in respect of the

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At 1 January 2020, Michael had a prepayment of $200 in respect
of rent. He paid $1,200 on 1 March 2020 in respect of the year
ended 28 February 2021.
What is the charge to the statement of profit or loss in respect
of rent for the year ended 31 December 2020?
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