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On April 1, 2019, Floor Co. paid $12,000 for rent in advance, covering 12 months from April 1, 2019 through March 31, 2020. What adjusting
On April 1, 2019, Floor Co. paid $12,000 for rent in advance, covering 12 months from April 1, 2019 through March 31, 2020. What adjusting entry should Floor Co. record on December 31, 2019? $9,000 $9,000 $12,000 OB. $12,000 Prepaid rent O A. Rent expense Cash Rent expense Rent expense Prepaid rent Rent expense Prepaid rent $12,000 OC. $12,000 $9,000 D. $9,000
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