The balance in the Prepaid Rent account at the end of the year,before adjustments,was $18,000.This amount represented six months' rent paid on November 1,2012.
a)What amount,if any,of Rent Expense will be shown on the 2012 income statement?
b)What amount,if any,would be shown on the statement of cash flows for 2012? In which section would that amount appear?

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The Answer of The balance in the Prepaid Rent account at the end of the year,before adjustments,was $18,000.This amount represented six months' rent paid on November 1,2012.
a)What amount,if any,of Rent Expense will be shown on the 2012 income statement?
b)What amount,if any,would be shown on the statement of cash flows for 2012? In which section would that amount appear?

The Balance in the Prepaid Rent Account at the End