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On December 1, 2020, the HALL Company paid $30,000 for internet connection, which will be used from February 1, 2021. What type of adjusting

On December 1, 2020, the HALL Company paid $30,000 for internet connection, which will be used from February 1, 2021. What type of adjusting entry is needed in this situation on December 31, 2020. Select one: a. Accrued expense b. Prepaid revenue c. Accrued revenue d. Prepaid expense

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