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The Duke Company rents out a portion of its office space to another company. At the beginning of the year, the balance in the Unearned
The Duke Company rents out a portion of its office space to another company. At the beginning of the year, the balance in the Unearned Rent Revenue account was $1,200. During the year, Duke recognized $6,800 of Rent Revenue. If the ending balance of Unearned Rent Revenue is $700, how much cash was received from the tenant for rent during the year? Multiple Choice
$7,300
$6,800
$6,300
$7,500
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