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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
The balance in the Rent Expense account on the worksheet was $150. The journal entry to close the Rent Expense account is:
A) Income Summary   150
Rent Expense   150

B) Rent Expense   150
Capital   150

C) Rent Expense   150
Prepaid Rent Expense   150

D) Rent Expense   150
Income Summary   150
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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6 years ago
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upton Author
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6 years ago
Just got PERFECT on my quiz
brina10
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Yesterday
Thanks
africa143
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2 hours ago
Smart ... Thanks!
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