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A one-year store rental lease was signed on March 1 for $1,200 per month, and rent for the first 3 months was paid in advance.

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A one-year store rental lease was signed on March 1 for $1,200 per month, and rent for the first 3 months was paid in advance. [Note: Record the complete entry for the March 1 transaction first and the complete adjusting entry on March 31 second.] Account: Dollar amount: Account: Dollar amount: Account: Dollar amount: Dollar amount: Account: Account: Dollar amount: Cash Accounts Receivable bmitted. Tries 3/8 S Prepaid Rent Fixtures and Equipment Send Feedback Accounts Payable Interest Payable Wages Payable Notes Payable Paid-in Capital Retained Earnings Leave Blank

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