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6. Uston, Co. is charged $2,000 per month for rent on the rst of each month for the upcoming month. Uston pays the rent on

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6. Uston, Co. is charged $2,000 per month for rent on the rst of each month for the upcoming month. Uston pays the rent on the rst of each of the months January through October 2016, but does not make payments on November 1 and December 1, 2016. Uston's income statement for 2016 and December 31, 2016 balance sheet should show: a. $20,000 of rent expense and $4,000 of rent payable. *b. $24,000 of rent expense and $4,000 of rent payable. c. $24,000 of rent expense and $0 of rent payable. d. $0 of rent expense and $4,000 of rent payable. e. None of the above

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