James Company paid $1,800 for one year's rent in advance beginning on October 1, 2013. James's 2013 income statement would report rent expense, and its statement of cash flows would report cash outflow for rent, respectively, of
A) $1,800; $1,800
B) $450; $1,800
C) $450; $450
D) $300; $1,800
Correct Answer:
Verified
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