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Apr. 2) The company prepaid $14,400 cash for 12 months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts.

Apr. 2) The company prepaid $14,400 cash for 12 months' rent for office space. The company's policy is record prepaid expenses in balance sheet accounts. Note: Enter debits before credits. Date Account Title Debit Credit Apr 02

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