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What amount of cash was paid for rent

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Reference no: EM131975467

Question - Adjustment for Prepaid Rent

Jenkins Company showed $11,000 in prepaid rent on December 31, 2015. On December 31, 2016, the balance in the prepaid rent account was $13,800. Rent expense for 2016 was $30,000.

Required: What amount of cash was paid for rent in 2016?

Reference no: EM131975467

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