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$16,267 million. $17,337 million. $12,230 million. Use the following information to answer questions 16 and 17. On June 21, 2019, Peach Corporation paid for rent
$16,267 million. $17,337 million. $12,230 million. Use the following information to answer questions 16 and 17. On June 21, 2019, Peach Corporation paid for rent through August. On August 31, 2019, Peach Corporation paid $20,000 in advance for the next five months of rent. The company records adjusting entries at the end of each month. Question 16(2 points) Saved How much is Rent Expense on the Income Statement for the month ending October 31, 2019? $8,000 $20,000 $12,000 $4,000 Question 17 (2 points) Saved How much is Prepaid Rent on October 31, 2019 Balance Sheet? $20,000 $4,000 $12,000 $8,000 Q18, Q19, and Q20 Use the following information from O'Reilly Automotive, Inc.'s financial statements for the fiscal year ended December 31, 2017 to answer the next three questions. Assume Wages payable will be paid within a year. Accounts are listed in alphabetical order. All amounts are in millions of dollars
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