9. Jason Company paid $7200 for one year's rent in advance beginning on October 1, Year...

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Answer 1

Answer #1

Answer : C) $1800:$7200

Total Rent Paid on October = $ 7200

Rent For year 1 (For Three monhts)= 7,200 *3/12 = 1800

Rent Expenses = $1800

Total Cash outflow for the Rent = $7,200

Answer 2

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