On April 1, 2014, you prepaid three months of rent, for a total of $18,000. Give your

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On April 1, 2014, you prepaid three months of rent, for a total of $18,000. Give your adjusting entry to record rent expense at April 30, 2014. Include the date of the entry and an explanation. Then, using T-accounts, post to the two accounts involved, and show their balances at April 30, 2014.
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Accounting Volume 1

ISBN: 978-0132690096

9th Canadian edition

Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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