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On December 1 , 2 0 1 5 , your company pays $ 2 4 , 0 0 0 for rent on your store that

On December 1,2015, your company pays $24,000 for rent on your store that covers the next 6 months. When you paid the cash, you debited Prepaid Rent..
The adjusting journal entry on December 31,2015 is:

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