On 1 May 20X0, A pays a rent bill of $1,800 for the period to 30 April 20X1. What is the charge to the income statement and the entry in the statement of financial position for the year ended 30...

On 1 May 20X0, A pays a rent bill of $1,800 for the period to 30 April 20X1. What is the charge to the income statement and the entry in the statement of financial position for the year ended 30 November 20X0?
A $ 1,050 charge to income statement and prepayment of $750 in the statement of financial position
B $ 1,050 charge to income statement and accrual of $750 in the statement of financial position
C $1,800 charge to income statement and no entry in the statement of financial position
D $750 charge to income statement and prepayment of $ 1,050 in the statement of financial position

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