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20 points Save Answer If annual prepaid rent is $100,000 at January 1, 2016, then the balance in the prepaid rent account will decrease by

20 points Save Answer If annual prepaid rent is $100,000 at January 1, 2016, then the balance in the prepaid rent account will decrease by $33,333 at March 31, 2016 after adjusting entries. True False

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