What webber will report a current liability of

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Question 1: On October 16th, 2018 Webber Company received $60,000, representing one year of advanced rent on a building that it owns. On its December 31, 2018 Balance Sheet, Webber will report a current liability of (select the closest answer):

Option A) $0 - This amount is a prepayment.

Option B) $60,000

Option C) $45,000

Option D) $47,500

Option E) $50,00

Reference no: EM132490218

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