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Jenga plc pays its rent quarterly in advance on 1 January, 1 April, 1 July, and ...
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Jenga plc pays its rent quarterly in advance on 1 January, 1 April, 1 July, and 1 October each year. As of 1 October 2015, the rent has increased from £48,000 per year to £60,000 per year.
What is the amount of rent expense to be recognised in Jenga's statement of profit or loss for the year ended 30 April 2016?
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