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9: What happens when a portion of prepaid rent is used? Answer: A. An entry is made to decrease the asset and increase the expense.
9: What happens when a portion of prepaid rent is used? Answer: A. An entry is made to decrease the asset and increase the expense. B. O QBO sends the rent payment. C. The business ends up paying less for rent than they would if they paid month to month. D. The Prepaid Rent account replenishes
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