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4 September, 04:02

Suppose on January 1 Aiden 's Tavern prepaid rent of $ 13 comma 200 for the full year. At July 31 , how much rent expense should be recorded for the period January 1 through July 31 ? At July 31, Aiden's Tavern should record $ 7700 of rent expense. Enter any number in the edit fields and then continue to the next question.

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  1. 4 September, 04:13
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    13,200 Rent prepaid on January 1 for 1 year

    : 12 Months

    $ 1,100 Rent expense per month

    Thus, $1,100 Rent expense per month

    * 7 Months

    $7,700 Rent expense for January through July

    At July 31, Aiden's Tavern should record $ 7700 of rent expense.
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Home » Business » Suppose on January 1 Aiden 's Tavern prepaid rent of $ 13 comma 200 for the full year. At July 31 , how much rent expense should be recorded for the period January 1 through July 31 ? At July 31, Aiden's Tavern should record $ 7700 of rent expense.
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