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I need answers now through July 31, 2022. Vulture Servoes has a year-end of December 31. Assume shat Vuture Services had no other prepaid rent
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through July 31, 2022. Vulture Servoes has a year-end of December 31. Assume shat Vuture Services had no other prepaid rent transactions, nor oid 4 have a Prepaid Rent begining balance in the balance of Prepaid Rent at Docember 31, 2021? Give the journal entries that Vulture Services would make for (a) the annual rent payment of 523,100 on August 1 and (b) the adfusting entry for rent expense on December 31, 2021. What is the balance of Prepaid Rent at December 31, 2021? (Record debits first, then credits. Excluse oxplanabions from any joumal erthies) Give the journal entry that Vulture Services would make for (a) be annual rent payment of $23,100 on August 1 Step by Step Solution
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