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On December 1, 2009, Fleet company paid $30,000 rent for some office space which was debited in full to the prepaid rent expense account. The
On December 1, 2009, Fleet company paid $30,000 rent for some office space which was debited in full to the prepaid rent expense account. The rent was for three months. Assuming Fleet's accounting year ends December 31, give the adjusting entry required on dece,ber 31, 2009.
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