Multiple Choice
If a tenant pays a landlord rent for 3 months in advance the rent paid would be:
A) a prepayment for the landlord and the tenant.
B) a prepayment for the landlord and deferred revenue for the tenant.
C) a prepayment for the tenant and the landlord.
D) a prepayment for the tenant and deferred revenue for the landlord.
Correct Answer:
Verified
Correct Answer:
Verified
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