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Bunique556 Bunique556
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5 years ago
Bay Meadows Real Estate collected rentals of $600,000 during the year. The beginning balance in its rent receivable account was $70,000 and its ending balance was $41,000. The beginning balance in unearned rent revenue was $22,000, and the ending balance was $13,000. What was total rent revenue for the year?
A) $587,000
B) $571,000
C) $629,000
D) $638,000
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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isaiah43isaiah43
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5 years ago
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Bunique556 Author
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5 years ago
Makes more sense now, have a good weekend!
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