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  3. Study Set
    Understanding Financial Accounting
  4. Exam
    Exam 4: Revenue Recognition and the Statement of Incom
  5. Question
    On May 1, Yeung Enterprises Paid Rent for 3 Months
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On May 1, Yeung Enterprises Paid Rent for 3 Months

Question 5

Question 5

Multiple Choice

On May 1, Yeung Enterprises paid rent for 3 months in advance. The total payment was $1,200. How much rent expense should Yeung recognize for the month of May?


A) $1,200
B) $ 300
C) $ 600
D) $ 400

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