Floral Deliveries,Inc.paid $6,000 for January,February,March and April's rent in advance on January 1,20X9.The company recorded this transaction by increasing the balance in the Prepaid Rent account.The balance in the Prepaid Rent account as of March 1,20X9,will be
A) $-0-.
B) $1,500.
C) $2,000.
D) $3,000.
E) $6,000.
Correct Answer:
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