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Rent is Rs 4,000 a month. Rs 44,000 was paid for the year. Outstanding rent at year end is

ARs 48,000
BRs 44,000
CRs 4,000
DRs 8,000
Answer & Solution
Correct answer: C. Rs 4,000
Annual rent is 48,000; with 44,000 paid, one month's rent of Rs 4,000 is still owed.
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