Ziggy Ltd starts trading on 1 January 2003. Rent details are as follows:
|
Invoice paid
|
Period
|
EUR
|
|
02.04.2003
|
01.1.2003-31.3.2003
|
3,000
|
|
03.07.2003
|
01.4.2003-30.6.2003
|
4,000
|
|
04.10.2003
|
01.07.2003-30.09.2003
|
4,000
|
|
06.01.2004
|
01.10.2003-31.12.2003
|
5,000
|
|
03.04.2004
|
01.1.2004-31.3.2004
|
5,000
|
|
04.07.2004
|
01.4.2004-30.6.2004
|
5,000
|
|
06.10.2004
|
01.07.2004-30.09.2004
|
6,000
|
|
05.01.2005
|
01.10.2004-31.12.2004
|
7,000
|
Calculate the rent expense for the year ended:
(a) 31 December 2003
(b) 31 December 2004.