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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

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, 2015is

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