Benson Company's income statement showed rent expense of $16,000. The beginning balance in Prepaid Rent was $5,000. The ending balance in Prepaid Rent was $3,000. The cash paid for rent was ________

A) $14,000
B) $16,000
C) $19,000
D) $24,000

A

Business

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a. true b. false

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Indicate whether the statement is true or false

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