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Other Fields Homework Help Accounting Topic started by: bravata on Feb 20, 2017



Title: The unadjusted trial balance shows a $12,000 balance for Prepaid Rent. At the end of the year, ...
Post by: bravata on Feb 20, 2017
The unadjusted trial balance shows a $12,000 balance for Prepaid Rent. At the end of the year, $7,000 of the rent had been used. The adjusted trial balance reflects a balance for Prepaid Rent of:
A) $5,000 debit.
B) $5,000 credit.
C) $7,000 debit.
D) $7,000 credit.


Title: Re: The unadjusted trial balance shows a $12,000 balance for Prepaid Rent. At the end of the year, ...
Post by: largerthanlife on Feb 20, 2017
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Title: Re: The unadjusted trial balance shows a $12,000 balance for Prepaid Rent. At the end of the year, ...
Post by: bravata on Jul 12, 2017
Thank you so much

I wish I knew about this years ago