Rent expense in Olympic Company's 2006 income statement is $340,000. If Prepaid Rent was $40,000 at December

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Rent expense in Olympic Company's 2006 income statement is $340,000. If Prepaid Rent was $40,000 at December 31, 2005, and is $65,000 at December 31, 2006, the cash paid for rent during 2006 is______.


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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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