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Name this template Rent Allocation. 3. Create another recurring journal entry template for the prepaid storage payment to record the expense, which was originally
Name this template Rent Allocation. 3. Create another recurring journal entry template for the prepaid storage payment to record the expense, which was originally paid on March 22, 2026. One-third ($75) of the amount should be scheduled for the last day of each month for three months: April, May and June. Name this template Storage Rent. Note that you are not posting the journal entry yet and are just creating the template.
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