T Limited lets out a section of its premises to a tenant. At the beginning of the year, the tenant owed $600 in arrears. Over the year, T Limited collected $8650 as rent from the tenant. T Limited’s income statement recorded rent receivable of $7900 for the year. What was the balance brought down on the rent receivable account at the start of the next year?
- A$150 on the credit side
- B$150 on the debit side
- C$1350 on the credit side
- D$1350 on the debit side