T Limited lets out part of its premises. At the beginning of the year, the tenant owed $600. Over the year, T Limited collected $8650 in rent from the tenant. T Limited’s income statement recorded rent receivable for the year at $7900. What was the balance brought down on the rent receivable account at the start of the following 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