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On April 1, Zola Company paid $3,000 rent in advance for a three-month period. The $3,000 was debited to the Prepaid Rent account. The necessary
On April 1, Zola Company paid $3,000 rent in advance for a three-month period. The $3,000 was debited to the Prepaid Rent account. The necessary adjustment on April 30 would include a: Multiple choice question. debit to rent expense for $3,000 debit to prepaid rent for $3,000 credit to prepaid rent for $2,000 credit to prepaid rent for $1,000
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