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how do you record this transaction into balance sheet and income statement. you sign a rental agreement about a store (rental payments 600 are due

how do you record this transaction into balance sheet and income statement.

you sign a rental agreement about a store (rental payments 600 are due on the 15th of each month, starting from 15th of January, payment in advance)

-how much are expenses in income statement?

-and how much are prepaid expenses in balance sheet?

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