The rent payment made on June 17 was for June, July, August and September. Expense the amount associated with one month's rent.

Strange to pay the rent when the month is half over. Was that the FIRST month's rent? Is this place rented from the 17th to the 17th of each month. Don't you need to know more information that what is here?

Sra

To determine the amount associated with one month's rent, we need to divide the total rent payment made on June 17 by the number of months covered by that payment.

Let's assume the total rent payment made on June 17 was $1,200.

Since the payment covers June, July, August, and September, which totals to 4 months, we will divide $1,200 by 4.

$1,200 / 4 = $300

Therefore, the amount associated with one month's rent is $300.

To expense the amount associated with one month's rent, we need to divide the total rent payment by the number of months it covers. In this case, the rent payment made on June 17 covers four months - June, July, August, and September.

To calculate the amount associated with one month's rent, you need to divide the total payment by the number of months. So, if the total rent payment is X, then:

Amount associated with one month's rent = X / 4

For example, if the total rent payment is $4,000, the amount associated with one month's rent would be:

Amount associated with one month's rent = $4,000 / 4 = $1,000

Therefore, you should expense $1,000 as the amount associated with one month's rent.