Multiple Choice
Austin, Inc. made a Prepaid Rent payment of $3,500 on January 1st. The company's monthly rent is $700. The amount of Prepaid Rent that would appear on the January 31 balance sheet after adjustment is:
A) $2,800
B) $700
C) $3,500
D) $1,750
Correct Answer:
Verified
Correct Answer:
Verified
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