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WASSCE


Use the following information to answer questions below
GH⊄
Monthly Rent payable 3000
Rent paid on 01/01/2018 48000



- The balance of rent in the balance sheet would be

A.
current asset of GH⊄ 36,000
B.
current asset of GH⊄ 12,000
C.
current liability of GH⊄ 12,000
D.
current liability of GH⊄ 48,000

Answer: C

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