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    Principles of Accounting
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    Exam 3: Measuring Business Income
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    Prepaid Rent Was $400 at the End of May and $650
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Prepaid Rent Was $400 at the End of May and $650

Question 91

Question 91

Multiple Choice

Prepaid Rent was $400 at the end of May and $650 at the end of June. Rent Expense for June was $360. How much cash was paid for rent during June?


A) $410
B) $510
C) $610
D) $710

Correct Answer:

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