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Compute the amounts that have been left blank Compute the amounts indicated by blank fields for each of the following Prepaid Rent situations. For situation
Compute the amounts that have been left blank
Compute the amounts indicated by blank fields for each of the following Prepaid Rent situations. For situation A, make the needed journal entry. Consider each situation separately. Compute the amounts that have been left blank. Beginning Prepaid Rent Payments for Prepaid Rent during the year Total amount to account for Ending Prepaid Rent Rent Expense Situation $ 4,200 $ 19,800 24,000 19,000 $ 5,000 Situation Situation c 5,000 $ 16,800 $ 15,000 31 ,800 6,800 Situation Situation D 5,900 $ 1,500 13,000 18,000 6,000 9,700 15,600 6,000 2,500 4,000 1 ,400 12,000 $ 25,000 $ 9,600 $ 2,600 For situation A, make the needed journal entry: (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Credit Journal Entry Accounts Debit
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