a. Island Vista had a January 1, 2024 beginning balance in its Prepaid Rent account of $1.300. During the year the company made payments for prepaid rent of $600. At the end of the year. December 31, 2024, the balance in the Prepaid Rent account was $900. What was the amount of rent expense for the year?

Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b