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Adjustment for Prepaid Rent the balance in the prepaid rent account was $14,500. Rent expense Jenkins Company showed $12,000 in prepaid rent on December 31,
Adjustment for Prepaid Rent the balance in the prepaid rent account was $14,500. Rent expense Jenkins Company showed $12,000 in prepaid rent on December 31, 2015. On Decem for 2016 was $20,000. Required: What amount of cash was paid for rent in 2016
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