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Assume a customer rents a car for four months from Cars-R-Us on October 1, paying $4,500 ($1,125/month) Recordthe adjusting entry for Cars-R-Us on December 31.

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Assume a customer rents a car for four months from Cars-R-Us on October 1, paying $4,500 ($1,125/month) Recordthe adjusting entry for Cars-R-Us on December 31. Assume the company makes annual adjusting entries. (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 1 > Record Rent-A-Car's adjusting entry on December 31. Note: Enter debits before credits General Journal Debit Credit Date December 31 D Suppose a company rents office space for one year, paying $18,000 ($1,500/month) in advance on September 1. The payment was debited to Prepaid Rent on September 1 for the entire amount. Record the adjusting entry on December 31. Assume the company makes annual adjusting entries. (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

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