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Journal entry worksheet Prepaid Rent had a $ 5 , 4 0 0 debit balance at December 3 1 before adjusting for expired prepaid rent.

Journal entry worksheet

Prepaid Rent had a $

5, 400

debit balance at December

31

before adjusting for

expired prepaid rent. A review of the rental agreement showed that $

4, 670

prepaid rent had expired.

Note: Enter debits before credits.

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