St. Augustine Properties collected advance rentals of $350,000 from its customers during the year. The balance in the unearned rent revenue account increased from $20,000 on January 1 to $35,000 on December 31. Rents earned during the year totaled ________.
A) $370,000
B) $365,000
C) $335,000
D) $385,000

Question

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The Answer of St. Augustine Properties collected advance rentals of $350,000 from its customers during the year. The balance in the unearned rent revenue account increased from $20,000 on January 1 to $35,000 on December 31. Rents earned during the year totaled ________.
A) $370,000
B) $365,000
C) $335,000
D) $385,000

St Augustine Properties Collected Advance Rentals of $350,000 from Its