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both! please On August 1 st, Shiva, Inc. paid $27,600 to Landlord Realty for 12 months rent beginning on October 1st. The company did the

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On August 1 st, Shiva, Inc. paid $27,600 to Landlord Realty for 12 months rent beginning on October 1st. The company did the correct recording on August 1st. If financial statements are prepared on December 31 st, the adjusting journal entry (AJE) to be made by Shiva is: Increase Rent Expense \$27.600, Decrease Cash $27,600 Increase Rent Expense $6,900, Decrease PrePaid Rent $6,900 increase Rent Expense $27,600, Decrease PrePaid Rent $27,600 Increase Rent Expense $9,200, Decrease PrePaid Rent $9,200 Question 10 An NSF check should appear in which section of the bank reconciliation? Addition to the balance per bank Subtraction from the balance per books Subtraction from the balance per bank Addition to the balance per books

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