Below provides details for a company's prepaid rent account is below for the current year. Beginning balance
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Below provides details for a company's prepaid rent account is below for the current year.
- Beginning balance was $10,000
- The prepaid rent account increased by $83,733 during the year
- The prepaid rent account decreased by $26,133 during the year
How much rent expense did the company record for the current year based on the information above?
Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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