Countryside Acres Apartment Complex Had the Following Transactions During the Year:​

Essay

Countryside Acres Apartment Complex had the following transactions during the year:​ Rental income collected for Apts A-F
12 months prepaid rental from new tenant in Apt $\mathrm { G }$ who moved in on November 1
Operating expenses (except for interest)
Prepaid interest on bank loan, paid in December, for 6 months (including December) Using the accrual method, calculate the net income:​ Rental income Apts A-F
Rental income from new tenant
Total income
Operating expenses (except for interest)
Prepaid interest
Total expenses
Total net income