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On September 30, 2021, the Nehra Company pays $9,000 cash for rent through 2/28/22. The...

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Question

Accounting

On September 30, 2021, the Nehra Company pays $9,000 cash for rent through 2/28/22. The balance in prepaid rent on the 12/31/21 Balance Sheet will be:

Select one:

a. $4,500

b. $9,000

c. $1,800

d. $3,000

e. $3,600

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