Rent for 12 months = $14,400
Rent for 1 month = Rent for 12 months / 12
Rent for 1 month = $14,400 / 12
Rent for 1 month = $1,200
Rent for 11 months = Rent for 1 month * 11
Rent for 11 months = $1,200 * 11
Rent for 11 months = $13,200
At November 30, Austin’s Tavern should record $13,200 of rent expense
Homework: Module 3 Intro Assignment Save of incomplete) HW SCO Score: 0 of 3 pts S3-4...
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