After the Adjustments Have Been Completed,the Balance in the Rent

question 143

Multiple Choice

After the adjustments have been completed,the balance in the Rent Expense account represents the:

• A)amount of rent owed at the end of the accounting period.
• B)amount of the future benefit remaining in the account.
• C)cost of rent for the accounting period.
• D)amount of cash paid this period for rent relating to any current or future period.

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