Use the following information to answer this question
GH¢
Monthly rent payable 3,000
Rent paid on 01/01/2018 48,000
The balance of rent in the balance sheet would be

A. current asset of GH¢36,000
B. current asset of GH¢12,000  
C. current liability of GH¢12,000
D. current liability of GH¢48,000

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Correct Answer: B