Business, 30.03.2020 20:31 kenken2583

Ludwig Company's prepaid rent was $9,500 at December 31, 2020, and $15,000 at December 31, 2021. Ludwig reported rent expense of $23,500 on the 2021 income statement. What amount would be reported in the statement of cash flows as rent paid using the direct method?

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Ludwig Company's prepaid rent was $9,500 at December 31, 2020, and $15,000 at December 31, 2021. Lud...

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