Consider the following independent situations for Mystical View: (Click the icon to view the...

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Accounting

Consider the following independent situations for Mystical View:
(Click the icon to view the indipendent situations.)
a. Mystical View had a January 1,2024 beginning balance in its Prepaid Rent account of $1,500. During the year the company made payments for prepaid rent of $1,100. At the end of the year, December 31,2024, the balance in the Prepaid Rent account was $600. What was the amount of rent expense for the year?
Rent expense for the year =
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a. Mystical View had a January 1,2024 beginning balance in its Prepaid Rent account of $1,500. During the year the company made payments for prepaid rent of $1,100. At the end of the year, December 31,2024, the balance in the Prepaid Rent account was $600. What was the amount of rent expense for the year?
b. Mystical View had a January 1,2024 beginning balance in its Prepaid Rent account of $500. During the year the company made payments for prepaid rent of $1,800 Mystical View recorded rent expense for the year of $1,500. What is the company's ending balance in its Prepaid Rent account as of December 31,2024?
c. Mystical View had a December 31,2024 ending balance in its prepaid rent account of $1,900. During the year the company made payments for prepaid rent of $1,000 and recorded rent expense for the year of $300. What is the company's beginning balance in its Prepaid Rent account as of January 1,2024?
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