William is a trader. His financial year ends on 31 December. He rents business Premises. The monthly rent of $1350 payable in advance on the first day of each month was increased to $1380 from 1 July 20-1.William pay six months' rent in advance by direct debit on the following dates in 20-1: 1 January, 1 July and 31 December.
a. Prepare the rent payable account in William's ledger for the year ended 31 December 20-1