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1. On September 1, 2021, the Nehra Company pays $27,000 cash for rent through 2/28/22.The balance in prepaid rent on the 12/31/21 Balance Sheet will
1. On September 1, 2021, the Nehra Company pays $27,000 cash for rent through 2/28/22.The balance in prepaid rent on the 12/31/21 Balance Sheet will be:
a) $4,500 b) $27,000 c) $9,000 d) $18,000 e) $10,800
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