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If the opening balance of rent accrued at the beginning of the year...
If the opening balance of rent accrued at the beginning of the year was $1,000, rent expense for the year was $20,000 and the closing balance of rent accrued at the end of the year was $1,200 the amount paid in cash for rent during the year is:
A.20200 B.21000 C. 19800 D.22200
Answer & Explanation
Answered by umarf2011
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