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A company owes for past rent and no previous accrual has been made. Which of the following is the correct adjusting entry for the company

  1. A company owes for past rent and no previous accrual has been made. Which of the following is the correct adjusting entry for the company to make?
  1. Rent Expense

Rent Payable

  1. Rent Payable

Cash

  1. Rent Payable

Rent Expense

  1. Rent Expense

Cash

  1. Cash

Rent Expense

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