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is my answer correct ? Bay Meadows Real Estate collected rentals of $400,000 during the year. The beginning balance in its rent receivable account was
is my answer correct ?
Bay Meadows Real Estate collected rentals of $400,000 during the year. The beginning balance in its rent receivable account was $50,000 and its ending balance was $42,000. The beginning balance in unearned rent revenue was $23,000, and the ending balance was $15,000 What was total rent revenue for the year? O A. $416.000 OB. $408 000 O C. $392,000 O D. $385,000Step by Step Solution
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