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A company is in its first month of operations. On January 1, the company pays 3 months of rent in advance for $2,100. What
A company is in its first month of operations. On January 1, the company pays 3 months of rent in advance for $2,100. What adjusting entry would be made at the end of January? Post the adjusting entry for the scenario provided. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for rent used during the month of January. Note: Enter debits before credits. Date January 31 General Journal Debit Credit
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