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On April 1, 2019, China Technologies paid $80,000 for rent on warehouse space one year in advance. If China makes the appropriate adjusting entry, how

On April 1, 2019, China Technologies paid $80,000 for rent on warehouse space one year in advance. If China makes the appropriate adjusting entry, how much will be reported on the December 31, 2019 income statement for rent expense? Select one: A. $45,000 B. $50,000 C. $60,000 D. $15,000

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