On September 1, Banger Bros Company paid $9,000 for one year of rent, in advance. Which of the following accounts and amounts will appear on an adjusted trial balance prepared on December 31?
A) Prepaid Rent, $9,000
B) Rent Expense, $6,000
C) Prepaid Rent, $3,000
D) Rent Expense, $3,000
Correct Answer:
Verified
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