The rent in the income statement was for 11 months not 12 because you havent received rent in February. So you divide the amount in the income statement by 11, not 12. Therefore the final rent receivable in March is R2058 (Includes February). But otherwise, great video!
lol heck i used this to pass my university exam..thanks,education is a constant thing,thanks for the clear explanations.
this is a grade eleven tutorial but it's so useful for accounting103 in tertiary first year level. It was so long, but worth the watch.
i feel the same!
The rent in the income statement was for 11 months not 12 because you havent received rent in February. So you divide the amount in the income statement by 11, not 12. Therefore the final rent receivable in March is R2058 (Includes February). But otherwise, great video!
Thank you, I was about to comment on that
Thank you so much, almost missed it!
Thanks only noticed now😭
Best accounting teacher...periodtttt
please do more videos! very helpful
Wouldn’t have passed grade 11 if it wasn’t for mindset
11:03 - What is a cash budget
31:50
saved my life😭
THANKS SO MUCH FOR SHARING.
Excellent
44:23