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
Correct Answer:
Verified
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