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I answered the rent expense in income statement is 5,000 and the prepaid rent in statement financial position is 20,000 and they are different with
I answered the rent expense in income statement is 5,000 and the prepaid rent in statement financial position is 20,000 and they are different with the answer
Anybody can explain and show the calculation why the rent expense in income statement is 7,000, not 5,000 and the prepaid rent in statement is 18,000?
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