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Home Q & A Board Other Fields Homework Help Business Accounting
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upton upton
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6 years ago
On November 1, Duane paid $24,000 in advance for a year's rent. The November 30 adjusting entry for rent expense should include a:
A) credit Cash, $2,000.
B) debit Rent Expense, $24,000.
C) debit Rent Expense, $2,000.
D) credit Prepaid Rent Expense, $24,000.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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OmpaOmpa
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6 years ago
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