Question? Rent paid on 1 October 20×2 for the year to 30 September 20×3 was $12 000, and rent paid on 1 October 20×3 for the year to 30 September 20×4 was $16 000. What figure for rent expense should be shown in the income statement for the year ended 31 Dex ember 20×3? A. $12,000 B. $16,000 C. $13,000 D. $15,000 I am having problems understanding from what period does accrual and prepayment begin in relation to the question above.