Determine the Cash Payments Made During the Year for Rent

question 18

Multiple Choice

Determine the cash payments made during the year for rent from the following information.
$
Rent expense (income statement) 475
Prepaid Rent:
Beginning Balance 195
Ending Balance 220
Assume all insurance premiums are paid in cash.

• A)$475
• B)$500
• C)$695
• D)$450

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Definitions:

Motivated

Driven or prompted to act towards a goal, inspired by various internal or external factors.

Adler

Alfred Adler, an Austrian medical doctor and psychotherapist known for his development of Individual Psychology, which emphasizes the importance of feelings of inferiority and the creative power of the individual to shape his or her life.

Defense Mechanism

Psychological strategies brought into play by the unconscious mind to manipulate, deny, or distort reality in order to defend against feelings of anxiety and unacceptable impulses.

Repression

is a psychological defense mechanism where distressing thoughts, memories, or feelings are unconsciously pushed out of conscious thought.