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On December 1, 2011, Goetz Corporation Leased Office Space for 10

Question 41

Multiple Choice

On December 1, 2011, Goetz Corporation leased office space for 10 years at a monthly rental of $90,000.On that date Perez paid the landlord the following amounts:
The entire amount of $765,000 was charged to rent expense in 2011.What amount should Goetz have charged to expense for the year ended December 31, 2011?
On December 1, 2011, Goetz Corporation leased office space for 10 years at a monthly rental of $90,000.On that date Perez paid the landlord the following amounts: The entire amount of $765,000 was charged to rent expense in 2011.What amount should Goetz have charged to expense for the year ended December 31, 2011?   A) $90,000 B) $94,125 C) $184,125 D) $495,000


A) $90,000
B) $94,125
C) $184,125
D) $495,000

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