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Included in the rent expense of $30,000 is $1,200 that is prepaid for July 2013. Balances: Cash: $17,150 Rent exp: 30,000 Prepaid Rent: 0

Included in the rent expense of $30,000 is $1,200 that is prepaid for July 2013.

Balances:
Cash: $17,150
Rent exp: 30,000
Prepaid Rent: 0

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