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On December 15, 2019, Rainbow Ltd. made the following journal entry correctly: Dr. Prepaid Rent .......................................................................................................... 18,000 Cr. Cash.................................................................................................................................... 18,000 What transaction was the journal

On December 15, 2019, Rainbow Ltd. made the following journal entry correctly: Dr. Prepaid Rent .......................................................................................................... 18,000 Cr. Cash.................................................................................................................................... 18,000 What transaction was the journal entry recording?

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