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June 4, HALA Automotive rented a parking lot that cost 96,000 SAR annually to start the business. The full payment due in May 31, 2021

June 4, HALA Automotive rented a parking lot that cost 96,000 SAR annually to start the business. The full payment due in May 31, 2021

if the journal entry is:

Parking rent expense a/c dr. 96000

To account Payable a/c cr. 96000

then how will the adjusting entry be like on June 30?

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