On December 1, 2014, De Corporation av 60.000 Torty and copy that covers the month period that begins on December 1, let's start the Journal entry on December 1 to record the cash payment and also the poor during journal entry on December 31 with respect to this prepaid expense. What is the effect of the December 31, 2044 adjusting journal entry on Beta's current ratio and add-testato Has no effect on either the current ratio or the acid-test ratio increases the current ratio and has no effect on the acid-test ratio Has no effect on the current ratio and decreases the acid-test ratio Decreases both the current ratio and the acid-test ratio None of the above