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  3. ) prepaid rent shows a beginning balance of $500 a

) Prepaid rent shows a beginning balance of $500 and an ending balance of $600....

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Accounting

) Prepaid rent shows a beginning balance of $500 and an ending balance of $600. During the year, prepaid rent was debited for $2,200. What is the amount of rent expense shown on the current year's income statement?

  1. $2,100
  2. $1,700
  3. $1,600
  4. $2,700

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