Question: Rents on a duplex total $ 6 0 0 monthly and are due the first of each month. If the sale of the duplex closes

Rents on a duplex total $600 monthly and are due the first of each month. If the sale of the duplex closes on the 15th of a month, the rental income will be reflected on the closing statement as a A. debit to the seller of $300 and a credit to the buyer of $300. B. credit to the seller of $300 and a debit to the buyer of $300. C. credit of $600 to the seller only. D. credit of $600 to the buyer only.

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