Prepaid Rent was $400 at the end of May and $650 at the end of June. Rent Expense for June was $360. How much cash was paid for rent during June?

Name: Prepaid Rent was $400 at the end of May and $650 at the end of June. Rent Expense for June was $360. How much cash was paid for rent during June?
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Question

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The increase in prepaid rent from May to June is $250 ($650 - $400). Adding the rent expense for June ($360) gives the total cash paid for rent during June: $250 + $360 = $610.

Prepaid Rent Was $400 at the End of May and $650